PPP Loan information for Robo motors

$55,875

Robo motors was initially approved for PPP Loan of amount $55,875, the current approved amount is $55,875. The loan was approved on 04/10/2020 by The First Bank of Alabama reported 6 jobs and $55,875 was used to fund payroll.

Robo motors is Existing or more than 2 years old

PPP Loan Search / AL / SYLACAUGA / Robo motors

ROBO MOTORS

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ROBO MOTORS

Borrower Address

303 West Fort Williams St

Borrower City

SYLACAUGA

Borrower State

AL

Borrower Zip

35150-2433

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55875.00

Current Approval Amount

55875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3305

Servicing Lender Name

First Bank of Alabama

Servicing Lender Address

120 North St East

Servicing Lender City

TALLADEGA

Servicing Lender State

AL

Servicing Lender Zip

35160-2100

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SYLACAUGA

Project County Name

TALLADEGA

Project State

AL

Project Zip

35150-2433

CD

AL-03

Jobs Reported

6

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55875.00

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

Sole Proprietorship

Originating Lender Location Id

3305

Originating Lender

First Bank of Alabama

Originating Lender City

TALLADEGA

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

56359.25

Forgiveness Date

02/24/2021

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