PPP Loan information for R/t motors inc

$17,000

R/t motors inc was initially approved for PPP Loan of amount $17,000, the current approved amount is $17,000. The loan was approved on 04/06/2020 by The Rolling Hills Bank & Trust reported 4 jobs and $17,000 was used to fund payroll.

R/t motors inc is Existing or more than 2 years old

PPP Loan Search / IA / ATLANTIC / R/t motors inc

R/T MOTORS INC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

R/T MOTORS INC

Borrower Address

1310 E 7TH ST

Borrower City

ATLANTIC

Borrower State

IA

Borrower Zip

50022-1903

Loan Status Date

11/07/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17000.00

Current Approval Amount

17000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24550

Servicing Lender Name

Rolling Hills Bank & Trust

Servicing Lender Address

1307 E 7th St

Servicing Lender City

ATLANTIC

Servicing Lender State

IA

Servicing Lender Zip

50022-1904

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATLANTIC

Project County Name

CASS

Project State

IA

Project Zip

50022-1903

CD

IA-03

Jobs Reported

4

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

17000.00

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

24550

Originating Lender

Rolling Hills Bank & Trust

Originating Lender City

ATLANTIC

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

17082.90

Forgiveness Date

10/09/2020

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