PPP Loan information for Muzi motors inc

$1,566,592

Muzi motors inc was initially approved for PPP Loan of amount $1,566,592, the current approved amount is $1,566,592. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 136 jobs and $1,566,592 was used to fund payroll.

Muzi motors inc is Existing or more than 2 years old

PPP Loan Search / MA / Needham / Muzi motors inc

MUZI MOTORS INC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MUZI MOTORS INC

Borrower Address

557 Highland Avenue

Borrower City

Needham

Borrower State

MA

Borrower Zip

02494

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1566592.00

Current Approval Amount

1566592.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Needham

Project County Name

NORFOLK

Project State

MA

Project Zip

02494-0001

CD

MA-04

Jobs Reported

136

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20068.00

Payroll Proceed

1266421.00

Mortgage Interest Proceed

0.00

Rent Proceed

184000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

31103.00

Debt Interest Proceed

65000

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1580111.90

Forgiveness Date

03/02/2021

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