PPP Loan information for Commonwealth motor inc

$65,130

Commonwealth motor inc was initially approved for PPP Loan of amount $65,130, the current approved amount is $65,130. The loan was approved on 01/30/2021 by The Fulton Bank, National Association reported 9 jobs and $65,130 was used to fund payroll.

Commonwealth motor inc is Existing or more than 2 years old

PPP Loan Search / DE / Wilmington / Commonwealth motor inc

COMMONWEALTH MOTOR INC

Date Approved

01/30/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

COMMONWEALTH MOTOR INC

Borrower Address

1126 Lodge St

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19802

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

65130.00

Current Approval Amount

65130.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19802

CD

DE-

Jobs Reported

9

NAICS Code

454390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

65124.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65531.49

Forgiveness Date

09/14/2021

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