Motor City Machine Tool Repair LLC

$450,000 PPP Loan in Dearborn, Michigan

Loan Details

Loan Number
4278458500
Date Approved
Feb 25, 2021
Loan Status
Paid in Full
Initial Approval
$450,000
Current Approval
$450,000
Forgiveness Amount
$455,153
Forgiveness Date
Apr 21, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Motor City Machine Tool Repair LLC
Address
15100 Mercantile Dr
ZIP Code
48120-1223
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$6.4M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$449,997
Utilities
$1

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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