PPP Loan information for Knapp motors inc.

$347,800

Knapp motors inc. was initially approved for PPP Loan of amount $347,800, the current approved amount is $347,800. The loan was approved on 04/03/2020 by The County National Bank reported 25 jobs and $347,800 was used to fund payroll.

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

PPP Loan Search / MI / BLISSFIELD / Knapp motors inc.

KNAPP MOTORS INC.

Date Approved

04/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KNAPP MOTORS INC.

Borrower Address

11003 E US HIGHWAY 223

Borrower City

BLISSFIELD

Borrower State

MI

Borrower Zip

49228-9567

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

347800.00

Current Approval Amount

347800.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLISSFIELD

Project County Name

LENAWEE

Project State

MI

Project Zip

49228-9567

CD

MI-07

Jobs Reported

25

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17354.50

Payroll Proceed

260878.50

Mortgage Interest Proceed

69567.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

350427.82

Forgiveness Date

01/08/2021

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