Michigan Auto Law

$968,100 PPP Loan in Farmington Hills, Michigan

Loan Details

Loan Number
1447497100
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$968,100
Current Approval
$968,100
Forgiveness Amount
$979,637
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Michigan Auto Law
Address
30101 Northwestern Hwy
ZIP Code
48334-3229
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541110)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$11.9M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$774,557
Mortgage Interest
$193,543

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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