PPP Loan information for R&m motors, inc.

$89,865

R&m motors, inc. was initially approved for PPP Loan of amount $89,865, the current approved amount is $89,865. The loan was approved on 04/08/2020 by The The Farmers & Merchants Bank reported 10 jobs and $89,865 was used to fund payroll.

R&m motors, inc. is Existing or more than 2 years old

PPP Loan Search / WI / BERLIN / R&m motors, inc.

R&M MOTORS, INC.

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

R&M MOTORS, INC.

Borrower Address

N3591 STATE RD 49 PO BOX 31

Borrower City

BERLIN

Borrower State

WI

Borrower Zip

54923-0031

Loan Status Date

11/07/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89865.00

Current Approval Amount

89865.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75639

Servicing Lender Name

The Farmers & Merchants Bank

Servicing Lender Address

123 W Huron St

Servicing Lender City

BERLIN

Servicing Lender State

WI

Servicing Lender Zip

54923-1516

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BERLIN

Project County Name

GREEN LAKE

Project State

WI

Project Zip

54923-0031

CD

WI-06

Jobs Reported

10

NAICS Code

532412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

86865.00

Mortgage Interest Proceed

1000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1000

Business Type

Corporation

Originating Lender Location Id

75639

Originating Lender

The Farmers & Merchants Bank

Originating Lender City

BERLIN

Originating Lender State

WI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

90351.77

Forgiveness Date

10/29/2020

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