PPP Loan information for Motor city machine tool repair llc

$450,000

Motor city machine tool repair llc was initially approved for PPP Loan of amount $450,000, the current approved amount is $450,000. The loan was approved on 02/25/2021 by The The Huntington National Bank reported 30 jobs and $450,000 was used to fund payroll.

Motor city machine tool repair llc is Existing or more than 2 years old

PPP Loan Search / MI / Dearborn / Motor city machine tool repair llc

MOTOR CITY MACHINE TOOL REPAIR LLC

Date Approved

02/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MOTOR CITY MACHINE TOOL REPAIR LLC

Borrower Address

15100 Mercantile Dr

Borrower City

Dearborn

Borrower State

MI

Borrower Zip

48120-1223

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

450000.00

Current Approval Amount

450000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dearborn

Project County Name

WAYNE

Project State

MI

Project Zip

48120-1223

CD

MI-12

Jobs Reported

30

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

449997.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

455153.42

Forgiveness Date

04/21/2022

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