PPP Loan information for Motor city alignment

$18,700

Motor city alignment was initially approved for PPP Loan of amount $18,700, the current approved amount is $18,700. The loan was approved on 04/29/2020 by The Home Loan State Bank reported 3 jobs and $18,700 was used to fund payroll.

Motor city alignment is Existing or more than 2 years old

MOTOR CITY ALIGNMENT

Date Approved

04/29/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MOTOR CITY ALIGNMENT

Borrower Address

1405 MOTOR ST, UNIT 1

Borrower City

GRAND JUNCTION

Borrower State

CO

Borrower Zip

81505-1660

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18700.00

Current Approval Amount

18700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110277

Servicing Lender Name

Home Loan State Bank

Servicing Lender Address

205 N 4th St

Servicing Lender City

GRAND JUNCTION

Servicing Lender State

CO

Servicing Lender Zip

81501-2543

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND JUNCTION

Project County Name

MESA

Project State

CO

Project Zip

81505-1660

CD

CO-03

Jobs Reported

3

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18700.00

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

110277

Originating Lender

Home Loan State Bank

Originating Lender City

GRAND JUNCTION

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

18803.37

Forgiveness Date

11/17/2020

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