PPP Loan information for Detroit motors

$8,424

Detroit motors was initially approved for PPP Loan of amount $8,424, the current approved amount is $8,424. The loan was approved on 05/05/2020 by The New Dimensions FCU reported 2 jobs and $8,424 was used to fund payroll.

Detroit motors is New Business or 2 years or less

PPP Loan Search / ME / DETROIT / Detroit motors

DETROIT MOTORS

Date Approved

05/05/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

DETROIT MOTORS

Borrower Address

17 S. MAIN ST

Borrower City

DETROIT

Borrower State

ME

Borrower Zip

04929-3251

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8423.95

Current Approval Amount

8423.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

97939

Servicing Lender Name

New Dimensions FCU

Servicing Lender Address

94 Silver St

Servicing Lender City

WATERVILLE

Servicing Lender State

ME

Servicing Lender Zip

04901-5826

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DETROIT

Project County Name

SOMERSET

Project State

ME

Project Zip

04929-3251

CD

ME-02

Jobs Reported

2

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

8423.95

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

Sole Proprietorship

Originating Lender Location Id

97939

Originating Lender

New Dimensions FCU

Originating Lender City

WATERVILLE

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

6458.75

Forgiveness Date

11/17/2020

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