PPP Loan information for Sesi motors, inc.

$633,470

Sesi motors, inc. was initially approved for PPP Loan of amount $633,470, the current approved amount is $633,470. The loan was approved on 04/11/2020 by The Bank of Ann Arbor reported 62 jobs and $633,470 was used to fund payroll.

Sesi motors, inc. is Existing or more than 2 years old

SESI MOTORS, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SESI MOTORS, INC.

Borrower Address

3990 JACKSON RD

Borrower City

ANN ARBOR

Borrower State

MI

Borrower Zip

48103-1824

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

633470.00

Current Approval Amount

633470.00

Undisbursed Amount

0.00

Franchise Name

Lincoln Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANN ARBOR

Project County Name

WASHTENAW

Project State

MI

Project Zip

48103-1824

CD

MI-06

Jobs Reported

62

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

633470.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

638989.00

Forgiveness Date

03/03/2021

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