PPP Loan information for Richard motors, inc

$349,603

Richard motors, inc was initially approved for PPP Loan of amount $349,603, the current approved amount is $349,603. The loan was approved on 04/15/2020 by The The Huntington National Bank reported 26 jobs and $349,603 was used to fund payroll.

Richard motors, inc is New Business or 2 years or less

PPP Loan Search / MI / Imlay City / Richard motors, inc

RICHARD MOTORS, INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RICHARD MOTORS, INC

Borrower Address

2093 S. Van Dyke Avenue

Borrower City

Imlay City

Borrower State

MI

Borrower Zip

48444

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

349602.50

Current Approval Amount

349602.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Imlay City

Project County Name

LAPEER

Project State

MI

Project Zip

48444-0001

CD

MI-09

Jobs Reported

26

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

349602.50

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

354037.18

Forgiveness Date

08/02/2021

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