Tamaroff Motors, Inc.

$1,310,000 PPP Loan in Southfield, Michigan

Loan Details

Loan Number
1993957104
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,310,000
Current Approval
$1,310,000
Forgiveness Amount
$1,319,024
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Tamaroff Motors, Inc.
Address
28585 Telegraph Rd
ZIP Code
48034-1928
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Honda Automobile Division - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
109
Estimated Revenue
$27.5M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$1,048,000
Mortgage Interest
$262,000

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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