PPP Loan information for West family motors llc

$484,659

West family motors llc was initially approved for PPP Loan of amount $484,659, the current approved amount is $484,659. The loan was approved on 04/10/2020 by The First State Community Bank reported 37 jobs and $484,659 was used to fund payroll.

West family motors llc is Existing or more than 2 years old

WEST FAMILY MOTORS LLC

Date Approved

04/10/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

WEST FAMILY MOTORS LLC

Borrower Address

2600 N BISHOP AVE

Borrower City

ROLLA

Borrower State

MO

Borrower Zip

65401-8381

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

484659.00

Current Approval Amount

484659.00

Undisbursed Amount

0.00

Franchise Name

Kia Dealer Sales and Service Agreement

Servicing Lender Location Id

40461

Servicing Lender Name

First State Community Bank

Servicing Lender Address

201 E Columbia

Servicing Lender City

FARMINGTON

Servicing Lender State

MO

Servicing Lender Zip

63640-3106

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROLLA

Project County Name

PHELPS

Project State

MO

Project Zip

65401-8381

CD

MO-08

Jobs Reported

37

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

48465.50

Payroll Proceed

387728.00

Mortgage Interest Proceed

0.00

Rent Proceed

48465.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

40461

Originating Lender

First State Community Bank

Originating Lender City

FARMINGTON

Originating Lender State

MO

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

487903.52

Forgiveness Date

12/09/2020

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