PPP Loan information for M.i.g motor cars inc

$24,600

M.i.g motor cars inc was initially approved for PPP Loan of amount $24,600, the current approved amount is $24,600. The loan was approved on 03/25/2021 by The Readycap Lending, LLC reported 3 jobs and $24,600 was used to fund payroll.

M.i.g motor cars inc is Existing or more than 2 years old

M.I.G MOTOR CARS INC

Date Approved

03/25/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

M.I.G MOTOR CARS INC

Borrower Address

3600 E Pacific Coast Hwy

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90804-2015

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24600.00

Current Approval Amount

24600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90804-2015

CD

CA-42

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

24597.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24750.30

Forgiveness Date

11/10/2021

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