PPP Loan information for Imel motor sales inc.

$40,200

Imel motor sales inc. was initially approved for PPP Loan of amount $40,200, the current approved amount is $40,200. The loan was approved on 04/14/2020 by The Customers Bank reported 7 jobs and $40,200 was used to fund payroll.

Imel motor sales inc. is Existing or more than 2 years old

IMEL MOTOR SALES INC.

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

IMEL MOTOR SALES INC.

Borrower Address

4602 E 100 N

Borrower City

Bluffton

Borrower State

IN

Borrower Zip

46714

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40200.00

Current Approval Amount

40200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bluffton

Project County Name

WELLS

Project State

IN

Project Zip

46714-0001

CD

IN-03

Jobs Reported

7

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40200.00

Payroll Proceed

0.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40540.32

Forgiveness Date

03/18/2021

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