PPP Loan information for Mdw motors, inc.

$699,000

Mdw motors, inc. was initially approved for PPP Loan of amount $699,000, the current approved amount is $699,000. The loan was approved on 04/15/2020 by The CFBank, National Association reported 49 jobs and $699,000 was used to fund payroll.

Mdw motors, inc. is Existing or more than 2 years old

MDW MOTORS, INC.

Date Approved

04/15/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MDW MOTORS, INC.

Borrower Address

835 Som Center Rd.

Borrower City

CLEVELAND

Borrower State

OH

Borrower Zip

44143

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

699000.00

Current Approval Amount

699000.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

78932

Servicing Lender Name

CFBank, National Association

Servicing Lender Address

7000 N High St

Servicing Lender City

WORTHINGTON

Servicing Lender State

OH

Servicing Lender Zip

43085-2500

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLEVELAND

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44143-0001

CD

OH-11

Jobs Reported

49

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

699000.00

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

Subchapter S Corporation

Originating Lender Location Id

78932

Originating Lender

CFBank, National Association

Originating Lender City

WORTHINGTON

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

707004.99

Forgiveness Date

06/17/2021

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