PPP Loan information for Quatro motors 2 llc

$93,334

Quatro motors 2 llc was initially approved for PPP Loan of amount $122,287, the current approved amount is $93,334. The loan was approved on 04/14/2020 by The The State Bank reported 15 jobs and $93,334 was used to fund payroll.

Quatro motors 2 llc is Existing or more than 2 years old

QUATRO MOTORS 2 LLC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

QUATRO MOTORS 2 LLC

Borrower Address

24820 PLYMOUTH RD

Borrower City

REDFORD

Borrower State

MI

Borrower Zip

48239-1633

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122287.00

Current Approval Amount

93334.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REDFORD

Project County Name

WAYNE

Project State

MI

Project Zip

48239-1633

CD

MI-12

Jobs Reported

15

NAICS Code

441120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

93334.00

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

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83806.61

Forgiveness Date

11/17/2020

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