PPP Loan information for Beloit motor company

$60,247

Beloit motor company was initially approved for PPP Loan of amount $60,247, the current approved amount is $60,247. The loan was approved on 04/06/2020 by The The Citizens National Bank reported 9 jobs and $60,247 was used to fund payroll.

Beloit motor company is New Business or 2 years or less

PPP Loan Search / KS / BELOIT / Beloit motor company

BELOIT MOTOR COMPANY

Date Approved

04/06/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

BELOIT MOTOR COMPANY

Borrower Address

223 E MAIN ST

Borrower City

BELOIT

Borrower State

KS

Borrower Zip

67420-3211

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60247.00

Current Approval Amount

60247.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

25931

Servicing Lender Name

The Citizens National Bank

Servicing Lender Address

417 Commercial

Servicing Lender City

GREENLEAF

Servicing Lender State

KS

Servicing Lender Zip

66943

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BELOIT

Project County Name

MITCHELL

Project State

KS

Project Zip

67420-3211

CD

KS-01

Jobs Reported

9

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2150.00

Payroll Proceed

58097.00

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

Subchapter S Corporation

Originating Lender Location Id

25931

Originating Lender

The Citizens National Bank

Originating Lender City

GREENLEAF

Originating Lender State

KS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50580.58

Forgiveness Date

12/09/2020

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