PPP Loan information for Bermont motors inc

$644,200

Bermont motors inc was initially approved for PPP Loan of amount $644,200, the current approved amount is $644,200. The loan was approved on 04/10/2020 by The The Victory Bank reported 47 jobs and $644,200 was used to fund payroll.

Bermont motors inc is Existing or more than 2 years old

PPP Loan Search / PA / ROYERSFORD / Bermont motors inc

BERMONT MOTORS INC

Date Approved

04/10/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

BERMONT MOTORS INC

Borrower Address

15 D AND L DR Suite 100

Borrower City

ROYERSFORD

Borrower State

PA

Borrower Zip

19468-1230

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

644200.00

Current Approval Amount

644200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

453247

Servicing Lender Name

The Victory Bank

Servicing Lender Address

548 N Lewis Rd

Servicing Lender City

LIMERICK

Servicing Lender State

PA

Servicing Lender Zip

19468-1119

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROYERSFORD

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19468-1230

CD

PA-04

Jobs Reported

47

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

644200.00

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

453247

Originating Lender

The Victory Bank

Originating Lender City

LIMERICK

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

649049.39

Forgiveness Date

01/19/2021

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