Muzi Motors INC

$1,566,592 PPP Loan in Needham, Massachusetts

Loan Details

Loan Number
7600737105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,566,592
Current Approval
$1,566,592
Forgiveness Amount
$1,580,112
Forgiveness Date
Mar 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Muzi Motors INC
Address
557 Highland Avenue
ZIP Code
02494
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
136
Estimated Revenue
$34.3M
Rural/Urban
Urban
Congressional District
MA-04

Loan Use Breakdown

Payroll
$1,266,421
Rent
$184,000
Utilities
$20,068
Health Care
$31,103
Debt Interest
$65,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

Other PPP Loans in Needham, MA

BusinessApproved
Charles River Association for Retarded Citizens, Inc.$3,043,325NewBizBotResearch
Walker$2,962,400NewBizBotResearch
Acceleration Partners, LLC$2,275,500NewBizBotResearch
Cambridge Healthtech Ins$2,000,000NewBizBotResearch
Convergent Dental, INC$1,986,908NewBizBotResearch

Want to research this company further?

Try NewBizBot free