PPP Loan information for University motors inc.

$357,200

University motors inc. was initially approved for PPP Loan of amount $357,200, the current approved amount is $357,200. The loan was approved on 01/22/2021 by The Citizens Bank reported 35 jobs and $357,200 was used to fund payroll.

University motors inc. is Existing or more than 2 years old

PPP Loan Search / OR / Corvallis / University motors inc.

UNIVERSITY MOTORS INC.

Date Approved

01/22/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

UNIVERSITY MOTORS INC.

Borrower Address

2150 NW 9th St

Borrower City

Corvallis

Borrower State

OR

Borrower Zip

97330-1553

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

357200.00

Current Approval Amount

357200.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

59564

Servicing Lender Name

Citizens Bank

Servicing Lender Address

275 SW 3rd St

Servicing Lender City

Corvallis

Servicing Lender State

OR

Servicing Lender Zip

97339

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Corvallis

Project County Name

BENTON

Project State

OR

Project Zip

97330-1553

CD

OR-04

Jobs Reported

35

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

357198.00

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

59564

Originating Lender

Citizens Bank

Originating Lender City

Corvallis

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

359450.85

Forgiveness Date

09/15/2021

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