PPP Loan information for C & l used cars inc

$42,445

C & l used cars inc was initially approved for PPP Loan of amount $42,445, the current approved amount is $42,445. The loan was approved on 01/31/2021 by The Morgantown Bank & Trust Company, Inc. reported 6 jobs and $42,445 was used to fund payroll.

C & l used cars inc is Existing or more than 2 years old

C & L USED CARS INC

Date Approved

01/31/2021

SBA Office Code

0457

Processing Method

PPP

Borrower Name

C & L USED CARS INC

Borrower Address

321 Logansport Rd

Borrower City

Morgantown

Borrower State

KY

Borrower Zip

42261-8088

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42445.00

Current Approval Amount

42445.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27627

Servicing Lender Name

Morgantown Bank & Trust Company, Inc.

Servicing Lender Address

201 N Main St

Servicing Lender City

MORGANTOWN

Servicing Lender State

KY

Servicing Lender Zip

42261-7914

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Morgantown

Project County Name

BUTLER

Project State

KY

Project Zip

42261-8088

CD

KY-02

Jobs Reported

6

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

42443.00

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

27627

Originating Lender

Morgantown Bank & Trust Company, Inc.

Originating Lender City

MORGANTOWN

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42607.80

Forgiveness Date

06/23/2021

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