PPP Loan information for Memering motorplex, inc.

$370,400

Memering motorplex, inc. was initially approved for PPP Loan of amount $370,400, the current approved amount is $370,400. The loan was approved on 04/07/2020 by The German American Bank reported 35 jobs and $370,400 was used to fund payroll.

Memering motorplex, inc. is Existing or more than 2 years old

MEMERING MOTORPLEX, INC.

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MEMERING MOTORPLEX, INC.

Borrower Address

1949 HART ST

Borrower City

VINCENNES

Borrower State

IN

Borrower Zip

47591-5519

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

370400.00

Current Approval Amount

370400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VINCENNES

Project County Name

KNOX

Project State

IN

Project Zip

47591-5519

CD

IN-08

Jobs Reported

35

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

370400.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

372419.44

Forgiveness Date

11/03/2020

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