PPP Loan information for Kaechele motors inc.

$40,723

Kaechele motors inc. was initially approved for PPP Loan of amount $40,723, the current approved amount is $40,723. The loan was approved on 02/20/2021 by The Centennial Bank reported 6 jobs and $40,723 was used to fund payroll.

Kaechele motors inc. is Existing or more than 2 years old

KAECHELE MOTORS INC.

Date Approved

02/20/2021

SBA Office Code

0459

Processing Method

PPP

Borrower Name

KAECHELE MOTORS INC.

Borrower Address

25203 State St

Borrower City

Elberta

Borrower State

AL

Borrower Zip

36530-2649

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40722.60

Current Approval Amount

40722.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4392

Servicing Lender Name

Centennial Bank

Servicing Lender Address

620 Chestnut St

Servicing Lender City

CONWAY

Servicing Lender State

AR

Servicing Lender Zip

72032-5404

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elberta

Project County Name

BALDWIN

Project State

AL

Project Zip

36530-2649

CD

AL-01

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40716.60

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

4392

Originating Lender

Centennial Bank

Originating Lender City

CONWAY

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40916.73

Forgiveness Date

08/25/2021

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