PPP Loan information for Subway motors

$32,559

Subway motors was initially approved for PPP Loan of amount $32,559, the current approved amount is $32,559. The loan was approved on 04/09/2020 by The Farmers and Merchants Bank reported 5 jobs and $32,559 was used to fund payroll.

Subway motors is Existing or more than 2 years old

SUBWAY MOTORS

Date Approved

04/09/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

SUBWAY MOTORS

Borrower Address

115 S Hwy 6

Borrower City

Milford

Borrower State

NE

Borrower Zip

68405

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32559.00

Current Approval Amount

32559.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42356

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

617 1st St

Servicing Lender City

MILFORD

Servicing Lender State

NE

Servicing Lender Zip

68405-9611

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Milford

Project County Name

SEWARD

Project State

NE

Project Zip

68405-0001

CD

NE-01

Jobs Reported

5

NAICS Code

811111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32559.00

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

42356

Originating Lender

Farmers and Merchants Bank

Originating Lender City

MILFORD

Originating Lender State

NE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

27697.56

Forgiveness Date

10/16/2020

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