PPP Loan information for National motors inc.

$448,900

National motors inc. was initially approved for PPP Loan of amount $448,900, the current approved amount is $448,900. The loan was approved on 01/20/2021 by The Virginia Partners Bank reported 47 jobs and $448,900 was used to fund payroll.

National motors inc. is Existing or more than 2 years old

NATIONAL MOTORS INC.

Date Approved

01/20/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

NATIONAL MOTORS INC.

Borrower Address

8528 Baltimore National Pike

Borrower City

Ellicott City

Borrower State

MD

Borrower Zip

21043-4203

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

448900.00

Current Approval Amount

448900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

457564

Servicing Lender Name

Virginia Partners Bank

Servicing Lender Address

410 William St

Servicing Lender City

FREDERICKSBURG

Servicing Lender State

VA

Servicing Lender Zip

22401-5834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ellicott City

Project County Name

HOWARD

Project State

MD

Project Zip

21043-4203

CD

MD-03

Jobs Reported

47

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

448897.00

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

457564

Originating Lender

Virginia Partners Bank

Originating Lender City

FREDERICKSBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

453089.73

Forgiveness Date

12/23/2021

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