PPP Loan information for Better, cheaper, faster oil change, inc.

$52,200

Better, cheaper, faster oil change, inc. was initially approved for PPP Loan of amount $52,200, the current approved amount is $52,200. The loan was approved on 04/29/2020 by The Comerica Bank reported 13 jobs and $52,200 was used to fund payroll.

Better, cheaper, faster oil change, inc. is Existing or more than 2 years old

PPP Loan Search / MI / FARMINGTON HILLS / Better, cheaper, faster oil change, inc.

BETTER, CHEAPER, FASTER OIL CHANGE, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BETTER, CHEAPER, FASTER OIL CHANGE, INC.

Borrower Address

31876 NORTHWESTERN HWY

Borrower City

FARMINGTON HILLS

Borrower State

MI

Borrower Zip

48334-1628

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52200.00

Current Approval Amount

52200.00

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

FARMINGTON HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48334-1628

CD

MI-11

Jobs Reported

13

NAICS Code

811191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41811.28

Mortgage Interest Proceed

10388.72

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52748.10

Forgiveness Date

05/20/2021

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