PPP Loan information for Rpm motors

$12,009

Rpm motors was initially approved for PPP Loan of amount $12,009, the current approved amount is $12,009. The loan was approved on 04/27/2020 by The Fairmont FCU reported 1 jobs and $12,009 was used to fund payroll.

Rpm motors is Existing or more than 2 years old

RPM MOTORS

Date Approved

04/27/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

RPM MOTORS

Borrower Address

1005 SPEEDWAY AVE

Borrower City

FAIRMONT

Borrower State

WV

Borrower Zip

26554-4447

Loan Status Date

11/28/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12008.54

Current Approval Amount

12008.54

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

107848

Servicing Lender Name

Fairmont FCU

Servicing Lender Address

2 The Credit Union Way

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-1567

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARION

Project State

WV

Project Zip

26554-4447

CD

WV-02

Jobs Reported

1

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2401.70

Payroll Proceed

9606.84

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

107848

Originating Lender

Fairmont FCU

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

12075.59

Forgiveness Date

11/17/2020

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