PPP Loan information for Motor city surf club inc

$20,831

Motor city surf club inc was initially approved for PPP Loan of amount $20,831, the current approved amount is $20,831. The loan was approved on 01/22/2021 by The Independent Bank reported 2 jobs and $20,831 was used to fund payroll.

Motor city surf club inc is Existing or more than 2 years old

PPP Loan Search / MI / Birmingham / Motor city surf club inc

MOTOR CITY SURF CLUB INC

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MOTOR CITY SURF CLUB INC

Borrower Address

36801 Woodward Ave

Borrower City

Birmingham

Borrower State

MI

Borrower Zip

48009-0973

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20831.00

Current Approval Amount

20831.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

OAKLAND

Project State

MI

Project Zip

48009-0973

CD

MI-11

Jobs Reported

2

NAICS Code

541420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20830.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20985.66

Forgiveness Date

11/02/2021

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