PPP Loan information for Drive motorcars llc

$29,900

Drive motorcars llc was initially approved for PPP Loan of amount $29,900, the current approved amount is $29,900. The loan was approved on 01/22/2021 by The Consumers National Bank reported 4 jobs and $29,900 was used to fund payroll.

Drive motorcars llc is Existing or more than 2 years old

PPP Loan Search / OH / Akron / Drive motorcars llc

DRIVE MOTORCARS LLC

Date Approved

01/22/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

DRIVE MOTORCARS LLC

Borrower Address

321 W Market St

Borrower City

Akron

Borrower State

OH

Borrower Zip

44303-2168

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29900.00

Current Approval Amount

29900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57854

Servicing Lender Name

Consumers National Bank

Servicing Lender Address

614 E Lincoln Way

Servicing Lender City

MINERVA

Servicing Lender State

OH

Servicing Lender Zip

44657-2009

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Akron

Project County Name

SUMMIT

Project State

OH

Project Zip

44303-2168

CD

OH-13

Jobs Reported

4

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

29898.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

57854

Originating Lender

Consumers National Bank

Originating Lender City

MINERVA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30330.23

Forgiveness Date

06/29/2022

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