PPP Loan information for Estate motors ltd

$870,100

Estate motors ltd was initially approved for PPP Loan of amount $870,100, the current approved amount is $870,100. The loan was approved on 04/16/2020 by The Comerica Bank reported 66 jobs and $870,100 was used to fund payroll.

Estate motors ltd is Existing or more than 2 years old

PPP Loan Search / MI / BLOOMFIELD HILLS / Estate motors ltd

ESTATE MOTORS LTD

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ESTATE MOTORS LTD

Borrower Address

36600 WOODWARD AVE

Borrower City

BLOOMFIELD HILLS

Borrower State

MI

Borrower Zip

48304-0907

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

870100.00

Current Approval Amount

870100.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMFIELD HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48304-0907

CD

MI-11

Jobs Reported

66

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

696080.00

Mortgage Interest Proceed

174020.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

876770.77

Forgiveness Date

01/25/2021

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