PPP Loan information for Portland motor parts inc

$318,600

Portland motor parts inc was initially approved for PPP Loan of amount $328,600, the current approved amount is $318,600. The loan was approved on 04/08/2020 by The Truist Bank reported 36 jobs and $318,600 was used to fund payroll.

Portland motor parts inc is New Business or 2 years or less

PPP Loan Search / IN / PORTLAND / Portland motor parts inc

PORTLAND MOTOR PARTS INC

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PORTLAND MOTOR PARTS INC

Borrower Address

401 N MERIDIAN ST

Borrower City

PORTLAND

Borrower State

IN

Borrower Zip

47371-1907

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

328600.00

Current Approval Amount

318600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PORTLAND

Project County Name

JAY

Project State

IN

Project Zip

47371-1907

CD

IN-03

Jobs Reported

36

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

318600.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

321246.15

Forgiveness Date

02/17/2021

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