PPP Loan information for 1st choice motors, inc

$91,500

1st choice motors, inc was initially approved for PPP Loan of amount $91,500, the current approved amount is $91,500. The loan was approved on 04/08/2020 by The Coleman County State Bank reported 11 jobs and $91,500 was used to fund payroll.

1st choice motors, inc is Existing or more than 2 years old

PPP Loan Search / TX / ABILENE / 1st choice motors, inc

1ST CHOICE MOTORS, INC

Date Approved

04/08/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

1ST CHOICE MOTORS, INC

Borrower Address

3945 South 1st

Borrower City

ABILENE

Borrower State

TX

Borrower Zip

79605-1647

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

91500.00

Current Approval Amount

91500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69207

Servicing Lender Name

Coleman County State Bank

Servicing Lender Address

118 W Pecan St

Servicing Lender City

COLEMAN

Servicing Lender State

TX

Servicing Lender Zip

76834-4146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABILENE

Project County Name

TAYLOR

Project State

TX

Project Zip

79605-1647

CD

TX-19

Jobs Reported

11

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

91500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

69207

Originating Lender

Coleman County State Bank

Originating Lender City

COLEMAN

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

92277.75

Forgiveness Date

02/09/2021

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