PPP Loan information for Motown cpl inc

$299,473

Motown cpl inc was initially approved for PPP Loan of amount $299,473, the current approved amount is $299,473. The loan was approved on 03/23/2021 by The Chelsea State Bank reported 52 jobs and $299,473 was used to fund payroll.

Motown cpl inc is Existing or more than 2 years old

PPP Loan Search / MI / Livonia / Motown cpl inc

MOTOWN CPL INC

Date Approved

03/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MOTOWN CPL INC

Borrower Address

31847 Glendale St

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-1828

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

299473.10

Current Approval Amount

299473.10

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

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1828

CD

MI-12

Jobs Reported

52

NAICS Code

311812

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

299469.10

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

300326.39

Forgiveness Date

07/08/2021

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