Motor City INC

$105,077 PPP Loan in Newark, New Jersey

Loan Details

Loan Number
9315498406
Date Approved
Feb 16, 2021
Loan Status
Paid in Full
Initial Approval
$105,077
Current Approval
$105,077
Forgiveness Amount
$106,067
Forgiveness Date
Feb 2, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Motor City INC
Address
11 Ferdon St
City
Newark
ZIP Code
07105-3010
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811121)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-08

Loan Use Breakdown

Payroll
$105,076
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Northeast Bank

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