Soo Motors Inc.

$213,900 PPP Loan in Sault Sainte Marie, Michigan

Loan Details

Loan Number
8420037104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$213,900
Current Approval
$213,900
Forgiveness Amount
$215,801
Forgiveness Date
Mar 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Soo Motors Inc.
Address
391 W 3 Mile Road
ZIP Code
49783-0001
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$160,425
Utilities
$26,738
Mortgage Interest
$26,738

Lender Information

Servicing Lender
4front Credit Union
Originating Lender
Old Mission Bank

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