PPP Loan information for Performance motors, inc.

$1,309,600

Performance motors, inc. was initially approved for PPP Loan of amount $1,309,600, the current approved amount is $1,309,600. The loan was approved on 04/06/2020 by The Tompkins Community Bank reported 104 jobs and $1,309,600 was used to fund payroll.

Performance motors, inc. is Existing or more than 2 years old

PERFORMANCE MOTORS, INC.

Date Approved

04/06/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

PERFORMANCE MOTORS, INC.

Borrower Address

4681 Penn Ave

Borrower City

READING

Borrower State

PA

Borrower Zip

19608-9705

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1309600.00

Current Approval Amount

1309600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

47331

Servicing Lender Name

Tompkins Community Bank

Servicing Lender Address

118 East Seneca St

Servicing Lender City

ITHACA

Servicing Lender State

NY

Servicing Lender Zip

14850

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

READING

Project County Name

BERKS

Project State

PA

Project Zip

19608-9705

CD

PA-04

Jobs Reported

104

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1309600.00

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

47331

Originating Lender

Tompkins Community Bank

Originating Lender City

ITHACA

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1316524.73

Forgiveness Date

11/03/2020

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