PPP Loan information for Mark motors inc

$55,900

Mark motors inc was initially approved for PPP Loan of amount $60,265, the current approved amount is $55,900. The loan was approved on 04/15/2020 by The Forcht Bank, National Association reported 7 jobs and $55,900 was used to fund payroll.

Mark motors inc is Existing or more than 2 years old

MARK MOTORS INC

Date Approved

04/15/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MARK MOTORS INC

Borrower Address

11770 US HIGHWAY 25E

Borrower City

GRAY

Borrower State

KY

Borrower Zip

40734-6795

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60265.00

Current Approval Amount

55900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

282649

Servicing Lender Name

Forcht Bank, National Association

Servicing Lender Address

2404 Sir Barton Way

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40509-2267

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAY

Project County Name

KNOX

Project State

KY

Project Zip

40734-6795

CD

KY-05

Jobs Reported

7

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55900.00

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

Corporation

Originating Lender Location Id

282649

Originating Lender

Forcht Bank, National Association

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50209.10

Forgiveness Date

12/03/2020

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