PPP Loan information for Washburn motor company, inc.

$108,000

Washburn motor company, inc. was initially approved for PPP Loan of amount $108,000, the current approved amount is $108,000. The loan was approved on 04/14/2020 by The The Farmers and Merchants National Bank of Fairview reported 10 jobs and $108,000 was used to fund payroll.

Washburn motor company, inc. is Existing or more than 2 years old

PPP Loan Search / OK / ALVA / Washburn motor company, inc.

WASHBURN MOTOR COMPANY, INC.

Date Approved

04/14/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

WASHBURN MOTOR COMPANY, INC.

Borrower Address

1819 OKLAHOMA BLVD

Borrower City

ALVA

Borrower State

OK

Borrower Zip

73717-1734

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108000.00

Current Approval Amount

108000.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

58945

Servicing Lender Name

The Farmers and Merchants National Bank of Fairview

Servicing Lender Address

312 N Main

Servicing Lender City

FAIRVIEW

Servicing Lender State

OK

Servicing Lender Zip

73737-1625

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALVA

Project County Name

WOODS

Project State

OK

Project Zip

73717-1734

CD

OK-03

Jobs Reported

10

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

108000.00

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

58945

Originating Lender

The Farmers and Merchants National Bank of Fairview

Originating Lender City

FAIRVIEW

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98612.50

Forgiveness Date

12/07/2020

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