PPP Loan information for R2 motors inc

$440,972

R2 motors inc was initially approved for PPP Loan of amount $440,972, the current approved amount is $440,972. The loan was approved on 04/11/2020 by The KeyBank National Association reported 9 jobs and $440,972 was used to fund payroll.

R2 motors inc is Unanswered

R2 MOTORS INC

Date Approved

04/11/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

R2 MOTORS INC

Borrower Address

28300 Lorain Rd

Borrower City

NORTH OLMSTED

Borrower State

OH

Borrower Zip

44070-4001

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

440972.00

Current Approval Amount

440972.00

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

44070-4001

CD

OH-07

Jobs Reported

9

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

440972.00

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

445732.08

Forgiveness Date

05/21/2021

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