PPP Loan information for Motor city auto, inc

$278,332

Motor city auto, inc was initially approved for PPP Loan of amount $278,332, the current approved amount is $278,332. The loan was approved on 04/09/2020 by The The Bank of Old Monroe reported 21 jobs and $278,332 was used to fund payroll.

Motor city auto, inc is Existing or more than 2 years old

PPP Loan Search / MO / St Louis / Motor city auto, inc

MOTOR CITY AUTO, INC

Date Approved

04/09/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MOTOR CITY AUTO, INC

Borrower Address

2783 Dunn Rd

Borrower City

St Louis

Borrower State

MO

Borrower Zip

63136-4628

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

278332.00

Current Approval Amount

278332.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41186

Servicing Lender Name

The Bank of Old Monroe

Servicing Lender Address

2100 Hwy C

Servicing Lender City

OLD MONROE

Servicing Lender State

MO

Servicing Lender Zip

63369-2417

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

St Louis

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63136-4628

CD

MO-01

Jobs Reported

21

NAICS Code

236117

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

278332.00

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

Subchapter S Corporation

Originating Lender Location Id

41186

Originating Lender

The Bank of Old Monroe

Originating Lender City

OLD MONROE

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

279947.87

Forgiveness Date

11/12/2020

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