PPP Loan information for Motorcars of lansing, inc

$75,377

Motorcars of lansing, inc was initially approved for PPP Loan of amount $75,377, the current approved amount is $75,377. The loan was approved on 04/27/2020 by The CASE CU reported 20 jobs and $75,377 was used to fund payroll.

Motorcars of lansing, inc is Existing or more than 2 years old

MOTORCARS OF LANSING, INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOTORCARS OF LANSING, INC

Borrower Address

6505 S Pennsylvania

Borrower City

Lansing

Borrower State

MI

Borrower Zip

48911-5966

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75377.00

Current Approval Amount

75377.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99102

Servicing Lender Name

CASE CU

Servicing Lender Address

4316 S Pennsylvania Ave

Servicing Lender City

LANSING

Servicing Lender State

MI

Servicing Lender Zip

48910-5608

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lansing

Project County Name

INGHAM

Project State

MI

Project Zip

48911-5966

CD

MI-07

Jobs Reported

20

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75377.00

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

Subchapter S Corporation

Originating Lender Location Id

99102

Originating Lender

CASE CU

Originating Lender City

LANSING

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

76223.70

Forgiveness Date

06/28/2021

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