PPP Loan information for M.i.g motorcars inc

$39,492

M.i.g motorcars inc was initially approved for PPP Loan of amount $39,492, the current approved amount is $39,492. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 4 jobs and $39,492 was used to fund payroll.

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

PPP Loan Search / CA / LONG BEACH / M.i.g motorcars inc

M.I.G MOTORCARS INC

Date Approved

04/27/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

M.I.G MOTORCARS INC

Borrower Address

3600 E PACIFIC COAST HWY

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90804-2015

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39492.00

Current Approval Amount

39492.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

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

4

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

15797.00

Mortgage Interest Proceed

5700.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

11995

Business Type

Corporation

Originating Lender Location Id

90426

Originating Lender

Pacific Premier Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40018.92

Forgiveness Date

09/07/2021

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