PPP Loan information for Prime motorz llc

$55,288

Prime motorz llc was initially approved for PPP Loan of amount $55,288, the current approved amount is $55,288. The loan was approved on 04/27/2020 by The American Express National Bank reported 4 jobs and $55,288 was used to fund payroll.

Prime motorz llc is Existing or more than 2 years old

PRIME MOTORZ LLC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRIME MOTORZ LLC

Borrower Address

23644 Ryan Road

Borrower City

Warren

Borrower State

MI

Borrower Zip

48091

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55287.50

Current Approval Amount

55287.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48091-0899

CD

MI-10

Jobs Reported

4

NAICS Code

441120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

5528.75

Payroll Proceed

41465.62

Mortgage Interest Proceed

0.00

Rent Proceed

2764.38

Refinance EIDL Proceed

0.00

Health Care Proceed

5528.75

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55775.24

Forgiveness Date

03/25/2021

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