PPP Loan information for Richardson motors inc

$141,750

Richardson motors inc was initially approved for PPP Loan of amount $141,750, the current approved amount is $141,750. The loan was approved on 04/07/2020 by The Peoples Bank reported 36 jobs and $141,750 was used to fund payroll.

Richardson motors inc is Existing or more than 2 years old

RICHARDSON MOTORS INC

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RICHARDSON MOTORS INC

Borrower Address

9110 indianapolis Blvd

Borrower City

HIGHLAND

Borrower State

IN

Borrower Zip

46322-2503

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141750.00

Current Approval Amount

141750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81983

Servicing Lender Name

Peoples Bank

Servicing Lender Address

9204 Columbia Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HIGHLAND

Project County Name

LAKE

Project State

IN

Project Zip

46322-2503

CD

IN-01

Jobs Reported

36

NAICS Code

423110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

141750.00

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

81983

Originating Lender

Peoples Bank

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

143268.47

Forgiveness Date

05/12/2021

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