Motorworks Ltd

$64,925 PPP Loan in Oak Park, Michigan

Loan Details

Loan Number
1494987707
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$64,925
Current Approval
$64,925
Forgiveness Amount
$65,568
Forgiveness Date
May 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Motorworks Ltd
Address
13350 Northend
ZIP Code
48237
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$54,555
Rent
$5,000
Utilities
$900
Health Care
$4,470

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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