PPP Loan information for Motor city soul food #2 llc

$174,918

Motor city soul food #2 llc was initially approved for PPP Loan of amount $174,918, the current approved amount is $174,918. The loan was approved on 05/04/2020 by The Bank of America, National Association reported 40 jobs and $174,918 was used to fund payroll.

Motor city soul food #2 llc is Existing or more than 2 years old

MOTOR CITY SOUL FOOD #2 LLC

Date Approved

05/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOTOR CITY SOUL FOOD #2 LLC

Borrower Address

24790 GREENFIELD RD

Borrower City

OAK PARK

Borrower State

MI

Borrower Zip

48237-6701

Loan Status Date

01/22/2021

Loan Status

Charged Off

Term

1

SBA Guaranty Percentage

100

Initial Approval Amount

174918.00

Current Approval Amount

174918.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OAK PARK

Project County Name

OAKLAND

Project State

MI

Project Zip

48237-6701

CD

MI-11

Jobs Reported

40

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

174918.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115595.87

Forgiveness Date

07/29/2021

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