East Side Motors, Inc.

$397,800 PPP Loan in Redford, Michigan

Loan Details

Loan Number
8138227000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$397,800
Current Approval
$397,800
Forgiveness Amount
$401,625
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
East Side Motors, Inc.
Address
14001 Telegraph Rd
ZIP Code
48239-2854
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$11.1M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$397,800

Lender Information

Servicing Lender
First State Bank
Originating Lender
First State Bank

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