PPP Loan information for Troy motors, inc.

$1,481,711

Troy motors, inc. was initially approved for PPP Loan of amount $1,481,711, the current approved amount is $1,481,711. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 110 jobs and $1,481,711 was used to fund payroll.

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

PPP Loan Search / MI / Troy / Troy motors, inc.

TROY MOTORS, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TROY MOTORS, INC.

Borrower Address

777 John R Road 0.0

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083-4302

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1481711.00

Current Approval Amount

1481711.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-4302

CD

MI-11

Jobs Reported

110

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21194.00

Payroll Proceed

1376350.00

Mortgage Interest Proceed

14167.00

Rent Proceed

70000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1499055.25

Forgiveness Date

06/15/2021

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