PPP Loan information for Motor appliance corporation - mad2995

$363,906

Motor appliance corporation - mad2995 was initially approved for PPP Loan of amount $363,906, the current approved amount is $363,906. The loan was approved on 02/03/2021 by The Busey Bank reported 30 jobs and $363,906 was used to fund payroll.

Motor appliance corporation - mad2995 is Existing or more than 2 years old

PPP Loan Search / MO / Washington / Motor appliance corporation - mad2995

MOTOR APPLIANCE CORPORATION - MAD2995

Date Approved

02/03/2021

SBA Office Code

0768

Processing Method

PPS

Borrower Name

MOTOR APPLIANCE CORPORATION - MAD2995

Borrower Address

601 International Ave

Borrower City

Washington

Borrower State

MO

Borrower Zip

63090-3535

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

363906.00

Current Approval Amount

363906.00

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

63090-3535

CD

MO-02

Jobs Reported

30

NAICS Code

335999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

363904.00

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

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

365730.52

Forgiveness Date

08/09/2021

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