PPP Loan information for Vip motor sales inc

$20,900

Vip motor sales inc was initially approved for PPP Loan of amount $20,900, the current approved amount is $20,900. The loan was approved on 04/29/2021 by The Comerica Bank reported 4 jobs and $20,900 was used to fund payroll.

Vip motor sales inc is Existing or more than 2 years old

VIP MOTOR SALES INC

Date Approved

04/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

VIP MOTOR SALES INC

Borrower Address

1491 E 8 Mile Rd

Borrower City

Hazel Park

Borrower State

MI

Borrower Zip

48030-2605

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20900.00

Current Approval Amount

20900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hazel Park

Project County Name

OAKLAND

Project State

MI

Project Zip

48030-2605

CD

MI-11

Jobs Reported

4

NAICS Code

441120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20900.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21115.39

Forgiveness Date

05/11/2022

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