PPP Loan information for Venture motors inc

$490,200

Venture motors inc was initially approved for PPP Loan of amount $490,200, the current approved amount is $490,200. The loan was approved on 04/15/2020 by The Bank OZK reported 41 jobs and $490,200 was used to fund payroll.

Venture motors inc is Existing or more than 2 years old

VENTURE MOTORS INC

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

VENTURE MOTORS INC

Borrower Address

2280 BANKHEAD HWY

Borrower City

CARROLLTON

Borrower State

GA

Borrower Zip

30116-5829

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

490200.00

Current Approval Amount

490200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4426

Servicing Lender Name

Bank OZK

Servicing Lender Address

18000 Cantrell Rd

Servicing Lender City

LITTLE ROCK

Servicing Lender State

AR

Servicing Lender Zip

72223-9729

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CARROLLTON

Project County Name

CARROLL

Project State

GA

Project Zip

30116-5829

CD

GA-03

Jobs Reported

41

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

490200.00

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

Subchapter S Corporation

Originating Lender Location Id

4426

Originating Lender

Bank OZK

Originating Lender City

LITTLE ROCK

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

496364.43

Forgiveness Date

07/20/2021

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