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 04/13/2020 by The Citizens Bank reported 33 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

04/13/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

UNIVERSITY MOTORS, INC.

Borrower Address

2150 NW 9TH ST

Borrower City

CORVALLIS

Borrower State

OR

Borrower Zip

97330-1553

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

357200.00

Current Approval Amount

357200.00

Undisbursed Amount

0.00

Franchise Name

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

33

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

357200.00

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

360605.63

Forgiveness Date

04/01/2021

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