PPP Loan information for Banks motors, llc

$50,000

Banks motors, llc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/08/2020 by The Hawthorn Bank reported 5 jobs and $50,000 was used to fund payroll.

Banks motors, llc is Existing or more than 2 years old

PPP Loan Search / MO / CLINTON / Banks motors, llc

BANKS MOTORS, LLC

Date Approved

04/08/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

BANKS MOTORS, LLC

Borrower Address

726 E OHIO ST

Borrower City

CLINTON

Borrower State

MO

Borrower Zip

64735-2378

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40274

Servicing Lender Name

Hawthorn Bank

Servicing Lender Address

132 E High St

Servicing Lender City

JEFFERSON CITY

Servicing Lender State

MO

Servicing Lender Zip

65101-2960

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

HENRY

Project State

MO

Project Zip

64735-2378

CD

MO-04

Jobs Reported

5

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

40000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

40274

Originating Lender

Hawthorn Bank

Originating Lender City

JEFFERSON CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50480.56

Forgiveness Date

03/30/2021

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