PPP Loan information for Motormax of gr, llc

$432,155

Motormax of gr, llc was initially approved for PPP Loan of amount $432,155, the current approved amount is $432,155. The loan was approved on 04/10/2020 by The Ally Bank reported 29 jobs and $432,155 was used to fund payroll.

Motormax of gr, llc is Existing or more than 2 years old

PPP Loan Search / MI / GRANDVILLE / Motormax of gr, llc

MOTORMAX OF GR, LLC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOTORMAX OF GR, LLC

Borrower Address

3660 28TH ST SW

Borrower City

GRANDVILLE

Borrower State

MI

Borrower Zip

49418-1380

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

432155.00

Current Approval Amount

432155.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRANDVILLE

Project County Name

KENT

Project State

MI

Project Zip

49418-1380

CD

MI-02

Jobs Reported

29

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

432155.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

436164.44

Forgiveness Date

03/22/2021

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