Michigan City Motors, INC
$202,280 PPP Loan in Michigan City, Indiana
Loan Details
- Loan Number
- 9027967001
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $202,280
- Current Approval
- $202,280
- Forgiveness Amount
- $203,715
- Forgiveness Date
- Jan 14, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Michigan City Motors, INC
- Address
- 4411 Michigan Blvd
- City
- Michigan City
- State
- Indiana
- ZIP Code
- 46360-3154
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 23
- Estimated Revenue
- $5.8M
- Rural/Urban
- Rural
- Congressional District
- IN-01
Loan Use Breakdown
- Payroll
- $161,824
- Rent
- $10,114
- Utilities
- $10,114
- Mortgage Interest
- $10,114
- Debt Interest
- $10,114
Lender Information
- Servicing Lender
- Horizon Bank
- Originating Lender
- Horizon Bank
Other PPP Loans in Michigan City, IN
| Business | Approved | |
|---|---|---|
| Bulk Transport Corp | $3,270,700 | |
| Vanair Manufacturing, Inc. | $2,048,400 | |
| Paladin, Inc. | $1,873,637 | |
| Jack Hood Transportation INC | $1,665,800 | |
| Third Generation Management, LLC | $1,223,800 |
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