Manor Motorcar Co
$647,100 PPP Loan in Novi, Michigan
Loan Details
- Loan Number
- 2867337208
- Date Approved
- Apr 16, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $647,100
- Current Approval
- $647,100
- Forgiveness Amount
- $651,791
- Forgiveness Date
- Jan 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Manor Motorcar Co
- Address
- 39500 Grand River Ave
- City
- Novi
- State
- Michigan
- ZIP Code
- 48375-2102
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Mercedes-Benz - Commercial - Commercial Vehicle Dealer Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 58
- Estimated Revenue
- $14.6M
- Rural/Urban
- Urban
- Congressional District
- MI-06
Loan Use Breakdown
- Payroll
- $517,716
- Mortgage Interest
- $129,384
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
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