PPP Loan information for Independence motors, inc.

$379,500

Independence motors, inc. was initially approved for PPP Loan of amount $379,500, the current approved amount is $379,500. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 35 jobs and $379,500 was used to fund payroll.

Independence motors, inc. is Existing or more than 2 years old

PPP Loan Search / PA / Bloomsburg / Independence motors, inc.

INDEPENDENCE MOTORS, INC.

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

INDEPENDENCE MOTORS, INC.

Borrower Address

3099 Columbia Blvd

Borrower City

Bloomsburg

Borrower State

PA

Borrower Zip

17815

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

379500.00

Current Approval Amount

379500.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomsburg

Project County Name

COLUMBIA

Project State

PA

Project Zip

17815-0001

CD

PA-09

Jobs Reported

35

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7168.00

Payroll Proceed

266798.00

Mortgage Interest Proceed

0.00

Rent Proceed

68000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

21284.00

Debt Interest Proceed

16250

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

382515.21

Forgiveness Date

02/09/2021

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