PPP Loan information for Ray schultens motors inc

$590,480

Ray schultens motors inc was initially approved for PPP Loan of amount $590,480, the current approved amount is $590,480. The loan was approved on 04/14/2020 by The First Interstate Bank reported 49 jobs and $590,480 was used to fund payroll.

Ray schultens motors inc is Existing or more than 2 years old

PPP Loan Search / OR / THE DALLES / Ray schultens motors inc

RAY SCHULTENS MOTORS INC

Date Approved

04/14/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

RAY SCHULTENS MOTORS INC

Borrower Address

2400 W 6TH ST

Borrower City

THE DALLES

Borrower State

OR

Borrower Zip

97058-4168

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

590480.00

Current Approval Amount

590480.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

THE DALLES

Project County Name

WASCO

Project State

OR

Project Zip

97058-4168

CD

OR-02

Jobs Reported

49

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

590480.00

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

594411.14

Forgiveness Date

12/15/2020

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