Estate Motors Ltd

$870,100 PPP Loan in Bloomfield Hills, Michigan

Loan Details

Loan Number
2832447206
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$870,100
Current Approval
$870,100
Forgiveness Amount
$876,771
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Estate Motors Ltd
Address
36600 Woodward Ave
ZIP Code
48304-0907
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423110)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
$20.2M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$696,080
Mortgage Interest
$174,020

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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