PPP Loan information for Miracle motors inc

$372,238

Miracle motors inc was initially approved for PPP Loan of amount $372,238, the current approved amount is $372,238. The loan was approved on 01/21/2021 by The Fidelity Deposit and Discount Bank reported 36 jobs and $372,238 was used to fund payroll.

Miracle motors inc is Existing or more than 2 years old

PPP Loan Search / PA / Emmaus / Miracle motors inc

MIRACLE MOTORS INC

Date Approved

01/21/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

MIRACLE MOTORS INC

Borrower Address

601 State Ave

Borrower City

Emmaus

Borrower State

PA

Borrower Zip

18049-3029

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

372238.00

Current Approval Amount

372238.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60093

Servicing Lender Name

Fidelity Deposit and Discount Bank

Servicing Lender Address

101 S Blakely St

Servicing Lender City

DUNMORE

Servicing Lender State

PA

Servicing Lender Zip

18512

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Emmaus

Project County Name

LEHIGH

Project State

PA

Project Zip

18049-3029

CD

PA-07

Jobs Reported

36

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

372238.00

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

60093

Originating Lender

Fidelity Deposit and Discount Bank

Originating Lender City

DUNMORE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

376870.30

Forgiveness Date

04/21/2022

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