Motor City Supplies INC

$106,400 PPP Loan in Dearborn, Michigan

Loan Details

Loan Number
1286477800
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$106,400
Current Approval
$106,400
Forgiveness Amount
$107,275
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Motor City Supplies INC
Address
13031 Prospect St
ZIP Code
48126
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424410)
Business Age
New Business or 2 years or less
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$106,400

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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