PPP Loan information for Monticello motors inc

$80,000

Monticello motors inc was initially approved for PPP Loan of amount $80,000, the current approved amount is $80,000. The loan was approved on 04/27/2020 by The Bank of Wolcott reported 7 jobs and $80,000 was used to fund payroll.

Monticello motors inc is Existing or more than 2 years old

PPP Loan Search / IN / Monticello / Monticello motors inc

MONTICELLO MOTORS INC

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MONTICELLO MOTORS INC

Borrower Address

926 W Broadway

Borrower City

Monticello

Borrower State

IN

Borrower Zip

47960

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80000.00

Current Approval Amount

80000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24524

Servicing Lender Name

Bank of Wolcott

Servicing Lender Address

105 N Range St

Servicing Lender City

WOLCOTT

Servicing Lender State

IN

Servicing Lender Zip

47995-8131

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monticello

Project County Name

WHITE

Project State

IN

Project Zip

47960-0001

CD

IN-04

Jobs Reported

7

NAICS Code

811121

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

60000.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24524

Originating Lender

Bank of Wolcott

Originating Lender City

WOLCOTT

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

80536.99

Forgiveness Date

01/07/2021

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