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Motor City Wash Works, Inc.

$1,376,154 PPP Loan in Wixom, Michigan

Loan Details

Loan Number
2843447702
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$1,376,154
Current Approval
$1,376,154
Forgiveness Amount
$1,388,929
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Motor City Wash Works, Inc.
Address
48285 Frank St
City
Wixom
State
Michigan
ZIP Code
48393
Business Type
Corporation
Industry (NAICS)
Manufacturing (333318)
Business Age
Existing or more than 2 years old
Jobs Reported
113
Estimated Revenue
$29.6M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$1,100,923
Rent
$60,000
Utilities
$13,360
Health Care
$201,871

Lender Information

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

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