PPP Loan information for Electric motor rebuilders, inc.

$86,548

Electric motor rebuilders, inc. was initially approved for PPP Loan of amount $86,548, the current approved amount is $86,548. The loan was approved on 04/15/2020 by The Loan Source Incorporated reported 5 jobs and $86,548 was used to fund payroll.

Electric motor rebuilders, inc. is Existing or more than 2 years old

PPP Loan Search / TN / JACKSON / Electric motor rebuilders, inc.

ELECTRIC MOTOR REBUILDERS, INC.

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ELECTRIC MOTOR REBUILDERS, INC.

Borrower Address

196 EDWARDS DR

Borrower City

JACKSON

Borrower State

TN

Borrower Zip

38301

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86547.50

Current Approval Amount

86547.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

MADISON

Project State

TN

Project Zip

38301-0600

CD

TN-08

Jobs Reported

5

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86547.50

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87707.00

Forgiveness Date

08/24/2021

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