Date Approved
04/08/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
EAST SIDE MOTORS, INC.
Borrower Address
14001 TELEGRAPH RD
Borrower City
REDFORD
Borrower State
MI
Borrower Zip
48239-2854
Loan Status Date
05/13/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
397800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement
Servicing Lender Location Id
34492
Servicing Lender Name
First State Bank
Servicing Lender Address
16100 E Nine Mile Rd
Servicing Lender City
EASTPOINTE
Servicing Lender State
Servicing Lender Zip
48021-2321
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WAYNE
Project State
Project Zip
CD
MI-12
Jobs Reported
44
NAICS Code
441110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
401625.42
Forgiveness Date
03/31/2021