PPP Loan information for Motawi tileworks inc

$423,363

Motawi tileworks inc was initially approved for PPP Loan of amount $423,363, the current approved amount is $423,363. The loan was approved on 01/20/2021 by The Bank of Ann Arbor reported 40 jobs and $423,363 was used to fund payroll.

Motawi tileworks inc is Existing or more than 2 years old

MOTAWI TILEWORKS INC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MOTAWI TILEWORKS INC

Borrower Address

170 Enterprise Dr

Borrower City

Ann Arbor

Borrower State

MI

Borrower Zip

48103-9282

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

423362.50

Current Approval Amount

423362.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ann Arbor

Project County Name

WASHTENAW

Project State

MI

Project Zip

48103-9282

CD

MI-06

Jobs Reported

40

NAICS Code

327120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

423356.50

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

425751.89

Forgiveness Date

08/20/2021

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