PPP Loan information for V8 motors

$124,647

V8 motors was initially approved for PPP Loan of amount $124,647, the current approved amount is $124,647. The loan was approved on 04/07/2020 by The First National Bank & Trust Company of McAlester reported 15 jobs and $124,647 was used to fund payroll.

V8 motors is Existing or more than 2 years old

V8 MOTORS

Date Approved

04/07/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

V8 MOTORS

Borrower Address

1904 S MAIN ST

Borrower City

MCALESTER

Borrower State

OK

Borrower Zip

74501-7404

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124646.59

Current Approval Amount

124646.59

Undisbursed Amount

0.00

Franchise Name

Polaris - Dealer Agreement

Servicing Lender Location Id

59054

Servicing Lender Name

First National Bank & Trust Company of McAlester

Servicing Lender Address

235 E Choctaw Ave

Servicing Lender City

MCALESTER

Servicing Lender State

OK

Servicing Lender Zip

74501-5025

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MCALESTER

Project County Name

PITTSBURG

Project State

OK

Project Zip

74501-7404

CD

OK-02

Jobs Reported

15

NAICS Code

441228

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

124646.59

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

Limited Liability Company(LLC)

Originating Lender Location Id

59054

Originating Lender

First National Bank & Trust Company of McAlester

Originating Lender City

MCALESTER

Originating Lender State

OK

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125582.29

Forgiveness Date

01/08/2021

;