PPP Loan information for Motor appliance corporation

$352,600

Motor appliance corporation was initially approved for PPP Loan of amount $352,600, the current approved amount is $352,600. The loan was approved on 04/04/2020 by The Busey Bank reported 30 jobs and $352,600 was used to fund payroll.

Motor appliance corporation is Existing or more than 2 years old

PPP Loan Search / MO / WASHINGTON / Motor appliance corporation

MOTOR APPLIANCE CORPORATION

Date Approved

04/04/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MOTOR APPLIANCE CORPORATION

Borrower Address

601 INTERNATIONAL AVE

Borrower City

WASHINGTON

Borrower State

MO

Borrower Zip

63090-3409

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

352600.00

Current Approval Amount

352600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

FRANKLIN

Project State

MO

Project Zip

63090-3409

CD

MO-02

Jobs Reported

30

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

264450.00

Mortgage Interest Proceed

0.00

Rent Proceed

88150.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

354551.38

Forgiveness Date

11/03/2020

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