PPP Loan information for Michigan auto law

$968,100

Michigan auto law was initially approved for PPP Loan of amount $968,100, the current approved amount is $968,100. The loan was approved on 04/10/2020 by The Comerica Bank reported 49 jobs and $968,100 was used to fund payroll.

Michigan auto law is Existing or more than 2 years old

PPP Loan Search / MI / FARMINGTON HILLS / Michigan auto law

MICHIGAN AUTO LAW

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN AUTO LAW

Borrower Address

30101 NORTHWESTERN HWY

Borrower City

FARMINGTON HILLS

Borrower State

MI

Borrower Zip

48334-3229

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

968100.00

Current Approval Amount

968100.00

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

48334-3229

CD

MI-11

Jobs Reported

49

NAICS Code

541110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

774556.92

Mortgage Interest Proceed

193543.08

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

979636.52

Forgiveness Date

06/24/2021

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