PPP Loan information for Im motors

$11,700

Im motors was initially approved for PPP Loan of amount $11,700, the current approved amount is $11,700. The loan was approved on 06/17/2020 by The Truist Bank reported 2 jobs and $11,700 was used to fund payroll.

Im motors is Existing or more than 2 years old

IM MOTORS

Date Approved

06/17/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

IM MOTORS

Borrower Address

521 TEchnology Way

Borrower City

Fort Ashby

Borrower State

WV

Borrower Zip

26719

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11700.00

Current Approval Amount

11700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fort Ashby

Project County Name

MINERAL

Project State

WV

Project Zip

26719-0001

CD

WV-02

Jobs Reported

2

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11700.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

11839.42

Forgiveness Date

09/02/2021

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