PPP Loan information for Loudon motors ford llc

$423,600

Loudon motors ford llc was initially approved for PPP Loan of amount $423,600, the current approved amount is $423,600. The loan was approved on 04/13/2020 by The Consumers National Bank reported 34 jobs and $423,600 was used to fund payroll.

Loudon motors ford llc is Existing or more than 2 years old

PPP Loan Search / OH / MINERVA / Loudon motors ford llc

LOUDON MOTORS FORD LLC

Date Approved

04/13/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

LOUDON MOTORS FORD LLC

Borrower Address

3476 UNION AVE SE

Borrower City

MINERVA

Borrower State

OH

Borrower Zip

44657-8902

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

423600.00

Current Approval Amount

423600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57854

Servicing Lender Name

Consumers National Bank

Servicing Lender Address

614 E Lincoln Way

Servicing Lender City

MINERVA

Servicing Lender State

OH

Servicing Lender Zip

44657-2009

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINERVA

Project County Name

STARK

Project State

OH

Project Zip

44657-8902

CD

OH-06

Jobs Reported

34

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

423600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

57854

Originating Lender

Consumers National Bank

Originating Lender City

MINERVA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

427471.23

Forgiveness Date

03/18/2021

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