PPP Loan information for Promotors engines and components inc

$52,100

Promotors engines and components inc was initially approved for PPP Loan of amount $52,100, the current approved amount is $52,100. The loan was approved on 04/09/2020 by The First State Bank of Middlebury reported 4 jobs and $52,100 was used to fund payroll.

Promotors engines and components inc is Existing or more than 2 years old

PPP Loan Search / IN / GOSHEN / Promotors engines and components inc

PROMOTORS ENGINES AND COMPONENTS INC

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PROMOTORS ENGINES AND COMPONENTS INC

Borrower Address

1814 LINCOLNWAY EAST

Borrower City

GOSHEN

Borrower State

IN

Borrower Zip

46526-6411

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52100.00

Current Approval Amount

52100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23975

Servicing Lender Name

First State Bank of Middlebury

Servicing Lender Address

111 S Main St

Servicing Lender City

MIDDLEBURY

Servicing Lender State

IN

Servicing Lender Zip

46540

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GOSHEN

Project County Name

ELKHART

Project State

IN

Project Zip

46526-6411

CD

IN-02

Jobs Reported

4

NAICS Code

811118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39075.00

Mortgage Interest Proceed

13025.00

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

23975

Originating Lender

First State Bank of Middlebury

Originating Lender City

MIDDLEBURY

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52454.57

Forgiveness Date

12/18/2020

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