PPP Loan information for 305 motors corp

$560,982

305 motors corp was initially approved for PPP Loan of amount $560,982, the current approved amount is $560,982. The loan was approved on 05/20/2020 by The Celtic Bank Corporation reported 27 jobs and $560,982 was used to fund payroll.

305 motors corp is Existing or more than 2 years old

PPP Loan Search / FL / Miami Gardens / 305 motors corp

305 MOTORS CORP

Date Approved

05/20/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

305 MOTORS CORP

Borrower Address

15343 Northwest 33rd Place

Borrower City

Miami Gardens

Borrower State

FL

Borrower Zip

33054-2403

Loan Status Date

11/20/2021

Loan Status

Charged Off

Term

6

SBA Guaranty Percentage

100

Initial Approval Amount

560982.00

Current Approval Amount

560982.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Miami Gardens

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33054-2403

CD

FL-24

Jobs Reported

27

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

70122.75

Payroll Proceed

420736.50

Mortgage Interest Proceed

0.00

Rent Proceed

70122.75

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;