PPP Loan information for 401 motoring inc

$24,600

401 motoring inc was initially approved for PPP Loan of amount $24,600, the current approved amount is $24,600. The loan was approved on 04/14/2020 by The Peoples CU reported 2 jobs and $24,600 was used to fund payroll.

401 motoring inc is Existing or more than 2 years old

401 MOTORING INC

Date Approved

04/14/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

401 MOTORING INC

Borrower Address

1980 East Main Road

Borrower City

PORTSMOUTH

Borrower State

RI

Borrower Zip

02871-1226

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24600.00

Current Approval Amount

24600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104803

Servicing Lender Name

Peoples CU

Servicing Lender Address

858 W Main Rd

Servicing Lender City

MIDDLETOWN

Servicing Lender State

RI

Servicing Lender Zip

02842-6315

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTSMOUTH

Project County Name

NEWPORT

Project State

RI

Project Zip

02871-1226

CD

RI-01

Jobs Reported

2

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24600.00

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

104803

Originating Lender

Peoples CU

Originating Lender City

MIDDLETOWN

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

24941.67

Forgiveness Date

08/31/2021

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