PPP Loan information for R1 motors, inc.

$1,870,728

R1 motors, inc. was initially approved for PPP Loan of amount $1,870,728, the current approved amount is $1,870,728. The loan was approved on 04/11/2020 by The KeyBank National Association reported 65 jobs and $1,870,728 was used to fund payroll.

R1 motors, inc. is Unanswered

PPP Loan Search / OH / NORTH OLMSTED / R1 motors, inc.

R1 MOTORS, INC.

Date Approved

04/11/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

R1 MOTORS, INC.

Borrower Address

28450 Lorain Rd

Borrower City

NORTH OLMSTED

Borrower State

OH

Borrower Zip

44070-4004

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1870728.00

Current Approval Amount

1870728.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

NORTH OLMSTED

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44070-4004

CD

OH-07

Jobs Reported

65

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1870728.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1890921.61

Forgiveness Date

05/21/2021

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