PPP Loan information for Selecta motors, inc

$209,200

Selecta motors, inc was initially approved for PPP Loan of amount $209,200, the current approved amount is $209,200. The loan was approved on 04/05/2020 by The Planters Bank & Trust Company reported 18 jobs and $209,200 was used to fund payroll.

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

PPP Loan Search / MS / INDIANOLA / Selecta motors, inc

SELECTA MOTORS, INC

Date Approved

04/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SELECTA MOTORS, INC

Borrower Address

415 PERSHING AVE

Borrower City

INDIANOLA

Borrower State

MS

Borrower Zip

38751-3150

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

209200.00

Current Approval Amount

209200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39763

Servicing Lender Name

Planters Bank & Trust Company

Servicing Lender Address

212 Catchings Ave

Servicing Lender City

INDIANOLA

Servicing Lender State

MS

Servicing Lender Zip

38751-2408

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INDIANOLA

Project County Name

SUNFLOWER

Project State

MS

Project Zip

38751-3150

CD

MS-02

Jobs Reported

18

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

209200.00

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

Subchapter S Corporation

Originating Lender Location Id

39763

Originating Lender

Planters Bank & Trust Company

Originating Lender City

INDIANOLA

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

210827.75

Forgiveness Date

01/20/2021

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