Troy Motors, Inc.

$1,481,711 PPP Loan in Troy, Michigan

Loan Details

Loan Number
9851027010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,481,711
Current Approval
$1,481,711
Forgiveness Amount
$1,499,055
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Troy Motors, Inc.
Address
777 John R Road 0.0
City
Troy
ZIP Code
48083-4302
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
110
Estimated Revenue
$27.7M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$1,376,350
Rent
$70,000
Utilities
$21,194
Mortgage Interest
$14,167

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

Other PPP Loans in Troy, MI

BusinessApproved
Continental Cafe Holdings, LLC$10,000,000NewBizBotAI Deep Dive
Benesys, Inc.$10,000,000NewBizBotAI Deep Dive
Iconma, L.l.c.$10,000,000NewBizBotAI Deep Dive
Kcm Technical Inc.$9,931,800NewBizBotAI Deep Dive
Rapid Global Business Solutions Inc.$9,868,402NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free