PPP Loan information for Village motors, inc

$51,100

Village motors, inc was initially approved for PPP Loan of amount $51,100, the current approved amount is $51,100. The loan was approved on 04/28/2020 by The Kentland Bank reported 5 jobs and $51,100 was used to fund payroll.

Village motors, inc is Existing or more than 2 years old

PPP Loan Search / IN / LAKE VILLAGE / Village motors, inc

VILLAGE MOTORS, INC

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

VILLAGE MOTORS, INC

Borrower Address

3009 E State Road 10

Borrower City

LAKE VILLAGE

Borrower State

IN

Borrower Zip

46349

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51100.00

Current Approval Amount

51100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23802

Servicing Lender Name

Kentland Bank

Servicing Lender Address

111 N 4th St

Servicing Lender City

KENTLAND

Servicing Lender State

IN

Servicing Lender Zip

47951-1215

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKE VILLAGE

Project County Name

NEWTON

Project State

IN

Project Zip

46349-0001

CD

IN-04

Jobs Reported

5

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51100.00

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

23802

Originating Lender

Kentland Bank

Originating Lender City

KENTLAND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51453.44

Forgiveness Date

01/07/2021

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