PPP Loan information for Madisonville motor sales, llc

$490,500

Madisonville motor sales, llc was initially approved for PPP Loan of amount $490,500, the current approved amount is $490,500. The loan was approved on 04/14/2020 by The Farmers State Bank of Alto Pass, Illinois reported 46 jobs and $490,500 was used to fund payroll.

Madisonville motor sales, llc is Existing or more than 2 years old

PPP Loan Search / KY / MADISONVILLE / Madisonville motor sales, llc

MADISONVILLE MOTOR SALES, LLC

Date Approved

04/14/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MADISONVILLE MOTOR SALES, LLC

Borrower Address

11801 LANTAFF BLVD

Borrower City

MADISONVILLE

Borrower State

KY

Borrower Zip

42431-9403

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

490500.00

Current Approval Amount

490500.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

20214

Servicing Lender Name

Farmers State Bank of Alto Pass, Illinois

Servicing Lender Address

55 N Elm St

Servicing Lender City

ALTO PASS

Servicing Lender State

IL

Servicing Lender Zip

62905-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISONVILLE

Project County Name

HOPKINS

Project State

KY

Project Zip

42431-9403

CD

KY-01

Jobs Reported

46

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8215.58

Payroll Proceed

392406.52

Mortgage Interest Proceed

0.00

Rent Proceed

80000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9877.90

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

20214

Originating Lender

Farmers State Bank of Alto Pass, Illinois

Originating Lender City

ALTO PASS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

494880.90

Forgiveness Date

03/09/2021

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