PPP Loan information for Motor city heating & cooling inc

$208,800

Motor city heating & cooling inc was initially approved for PPP Loan of amount $208,800, the current approved amount is $208,800. The loan was approved on 04/14/2020 by The Loan Source Incorporated reported 15 jobs and $208,800 was used to fund payroll.

Motor city heating & cooling inc is Existing or more than 2 years old

MOTOR CITY HEATING & COOLING INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOTOR CITY HEATING & COOLING INC

Borrower Address

34471 Industrial

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

208800.00

Current Approval Amount

208800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1000

CD

MI-12

Jobs Reported

15

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

208800.00

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

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

211454.33

Forgiveness Date

07/29/2021

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