Network 1 Motors, LLC
$81,525 PPP Loan in Bad Axe, Michigan
Loan Details
- Loan Number
- 6595147007
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $81,525
- Current Approval
- $81,525
- Forgiveness Amount
- $82,405
- Forgiveness Date
- May 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Network 1 Motors, LLC
- Address
- 210 Pigeon Rd
- City
- Bad Axe
- State
- Michigan
- ZIP Code
- 48413-9106
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Wholesale Trade (423110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 9
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MI-09
Loan Use Breakdown
- Payroll
- $65,000
- Utilities
- $10,000
- Debt Interest
- $6,525
Lender Information
- Servicing Lender
- Frankenmuth Cu
- Originating Lender
- Frankenmuth Cu
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| Maurer Electric, Inc. | $513,200 | AI Deep Dive |
| Huron Tool & Engineering Co. | $487,334 | AI Deep Dive |
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