PPP Loan information for American & import auto parts, inc.

$161,300

American & import auto parts, inc. was initially approved for PPP Loan of amount $161,300, the current approved amount is $161,300. The loan was approved on 04/04/2020 by The Mi Bank reported 16 jobs and $161,300 was used to fund payroll.

American & import auto parts, inc. is Existing or more than 2 years old

AMERICAN & IMPORT AUTO PARTS, INC.

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AMERICAN & IMPORT AUTO PARTS, INC.

Borrower Address

6785 METROPOLITAN PKWY

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48312-1033

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

161300.00

Current Approval Amount

161300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

525601

Servicing Lender Name

Mi Bank

Servicing Lender Address

3707 W Maple

Servicing Lender City

BLOOMFIELD HILLS

Servicing Lender State

MI

Servicing Lender Zip

48301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STERLING HEIGHTS

Project County Name

MACOMB

Project State

MI

Project Zip

48312-1033

CD

MI-10

Jobs Reported

16

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

155300.00

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

525601

Originating Lender

Mi Bank

Originating Lender City

BLOOMFIELD HILLS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

152307.28

Forgiveness Date

12/10/2020

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