PPP Loan information for Rpm motors, inc

$102,405

Rpm motors, inc was initially approved for PPP Loan of amount $102,405, the current approved amount is $102,405. The loan was approved on 04/27/2020 by The Lake Ridge Bank reported 8 jobs and $102,405 was used to fund payroll.

Rpm motors, inc is Existing or more than 2 years old

PPP Loan Search / WI / NEW GLARUS / Rpm motors, inc

RPM MOTORS, INC

Date Approved

04/27/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RPM MOTORS, INC

Borrower Address

98 HWY 69 N

Borrower City

NEW GLARUS

Borrower State

WI

Borrower Zip

53574-9999

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102405.00

Current Approval Amount

102405.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75741

Servicing Lender Name

Lake Ridge Bank

Servicing Lender Address

1205 Main St

Servicing Lender City

CROSS PLAINS

Servicing Lender State

WI

Servicing Lender Zip

53528-9479

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW GLARUS

Project County Name

GREEN

Project State

WI

Project Zip

53574-9999

CD

WI-02

Jobs Reported

8

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

102405.00

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

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103109.21

Forgiveness Date

01/07/2021

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