PPP Loan information for Motor city stampings, inc.

$2,930,500

Motor city stampings, inc. was initially approved for PPP Loan of amount $2,930,500, the current approved amount is $2,930,500. The loan was approved on 04/15/2020 by The PNC Bank, National Association reported 340 jobs and $2,930,500 was used to fund payroll.

Motor city stampings, inc. is Unanswered

MOTOR CITY STAMPINGS, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOTOR CITY STAMPINGS, INC.

Borrower Address

47783 GRATIOT AVENUE

Borrower City

CHESTERFIELD

Borrower State

MI

Borrower Zip

48051-2721

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2930500.00

Current Approval Amount

2930500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

CHESTERFIELD

Project County Name

MACOMB

Project State

MI

Project Zip

48051-2721

CD

MI-09

Jobs Reported

340

NAICS Code

336370

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2930500.00

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

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2965747.40

Forgiveness Date

06/28/2021

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