PPP Loan information for Nmi motors inc

$48,327

Nmi motors inc was initially approved for PPP Loan of amount $48,327, the current approved amount is $48,327. The loan was approved on 03/12/2021 by The SouthState Bank, National Association reported 5 jobs and $48,327 was used to fund payroll.

Nmi motors inc is Existing or more than 2 years old

NMI MOTORS INC

Date Approved

03/12/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NMI MOTORS INC

Borrower Address

30 Westminster Ave

Borrower City

Bellingham

Borrower State

MA

Borrower Zip

02019-2329

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48326.97

Current Approval Amount

48326.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bellingham

Project County Name

NORFOLK

Project State

MA

Project Zip

02019-2329

CD

MA-04

Jobs Reported

5

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

48322.97

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

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48556.03

Forgiveness Date

09/09/2021

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