PPP Loan information for South lake motors inc

$299,300

South lake motors inc was initially approved for PPP Loan of amount $299,300, the current approved amount is $299,300. The loan was approved on 04/04/2020 by The Citizens Community Federal National Association reported 25 jobs and $299,300 was used to fund payroll.

South lake motors inc is Existing or more than 2 years old

PPP Loan Search / WI / RICE LAKE / South lake motors inc

SOUTH LAKE MOTORS INC

Date Approved

04/04/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SOUTH LAKE MOTORS INC

Borrower Address

1931 South Main St

Borrower City

RICE LAKE

Borrower State

WI

Borrower Zip

54868-2919

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

299300.00

Current Approval Amount

299300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108056

Servicing Lender Name

Citizens Community Federal National Association

Servicing Lender Address

219 Fairfax St

Servicing Lender City

ALTOONA

Servicing Lender State

WI

Servicing Lender Zip

54720-1181

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICE LAKE

Project County Name

BARRON

Project State

WI

Project Zip

54868-2919

CD

WI-07

Jobs Reported

25

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2647.00

Payroll Proceed

247396.00

Mortgage Interest Proceed

0.00

Rent Proceed

38600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10657.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

108056

Originating Lender

Citizens Community Federal National Association

Originating Lender City

ALTOONA

Originating Lender State

WI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

301927.19

Forgiveness Date

02/25/2021

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