PPP Loan information for Motown cpl

$288,459

Motown cpl was initially approved for PPP Loan of amount $288,459, the current approved amount is $288,459. The loan was approved on 06/05/2020 by The Chelsea State Bank reported 44 jobs and $288,459 was used to fund payroll.

Motown cpl is New Business or 2 years or less

MOTOWN CPL

Date Approved

06/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOTOWN CPL

Borrower Address

31847 GLENDALE ST

Borrower City

LIVONIA

Borrower State

MI

Borrower Zip

48150-1828

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

288459.00

Current Approval Amount

288459.00

Undisbursed Amount

0.00

Franchise Name

Dunkin' Donuts

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LIVONIA

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1828

CD

MI-12

Jobs Reported

44

NAICS Code

311812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

288459.00

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

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

290616.52

Forgiveness Date

03/15/2021

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