PPP Loan information for 7motors inc

$40,791

7motors inc was initially approved for PPP Loan of amount $40,791, the current approved amount is $40,791. The loan was approved on 06/22/2020 by The Wells Fargo Bank, National Association reported 6 jobs and $40,791 was used to fund payroll.

7motors inc is Existing or more than 2 years old

7MOTORS INC

Date Approved

06/22/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

7MOTORS INC

Borrower Address

2223 SUNRISE WAY

Borrower City

JAMISON

Borrower State

PA

Borrower Zip

18929-1087

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40791.00

Current Approval Amount

40791.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JAMISON

Project County Name

BUCKS

Project State

PA

Project Zip

18929-1087

CD

PA-01

Jobs Reported

6

NAICS Code

423140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40791.00

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

Sole Proprietorship

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41283.84

Forgiveness Date

09/08/2021

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