PPP Loan information for Image motors, ltd

$41,700

Image motors, ltd was initially approved for PPP Loan of amount $41,700, the current approved amount is $41,700. The loan was approved on 04/14/2020 by The First State Bank of Middlebury reported 7 jobs and $41,700 was used to fund payroll.

Image motors, ltd is Existing or more than 2 years old

IMAGE MOTORS, LTD

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

IMAGE MOTORS, LTD

Borrower Address

406 KESCO DR

Borrower City

BRISTOL

Borrower State

IN

Borrower Zip

46507-8991

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41700.00

Current Approval Amount

41700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23975

Servicing Lender Name

First State Bank of Middlebury

Servicing Lender Address

111 S Main St

Servicing Lender City

MIDDLEBURY

Servicing Lender State

IN

Servicing Lender Zip

46540

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

ELKHART

Project State

IN

Project Zip

46507-8991

CD

IN-02

Jobs Reported

7

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10400.00

Payroll Proceed

31300.00

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

23975

Originating Lender

First State Bank of Middlebury

Originating Lender City

MIDDLEBURY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42027.81

Forgiveness Date

02/01/2021

;