PPP Loan information for Motors service and supply corp

$144,400

Motors service and supply corp was initially approved for PPP Loan of amount $144,400, the current approved amount is $144,400. The loan was approved on 04/08/2020 by The Peoples State Bank reported 22 jobs and $144,400 was used to fund payroll.

Motors service and supply corp is Existing or more than 2 years old

PPP Loan Search / WI / WAUSAU / Motors service and supply corp

MOTORS SERVICE AND SUPPLY CORP

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MOTORS SERVICE AND SUPPLY CORP

Borrower Address

203 CENTRAL BRIDGE ST

Borrower City

WAUSAU

Borrower State

WI

Borrower Zip

54401-2947

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144400.00

Current Approval Amount

144400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76899

Servicing Lender Name

Peoples State Bank

Servicing Lender Address

1905 Stewart Ave

Servicing Lender City

WAUSAU

Servicing Lender State

WI

Servicing Lender Zip

54401-5375

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAUSAU

Project County Name

MARATHON

Project State

WI

Project Zip

54401-2947

CD

WI-07

Jobs Reported

22

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

90000.00

Mortgage Interest Proceed

1400.00

Rent Proceed

24000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

76899

Originating Lender

Peoples State Bank

Originating Lender City

WAUSAU

Originating Lender State

WI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

145791.86

Forgiveness Date

04/01/2021

;