PPP Loan information for Bluegrass motors, inc

$600,800

Bluegrass motors, inc was initially approved for PPP Loan of amount $600,800, the current approved amount is $600,800. The loan was approved on 04/14/2020 by The Farmers State Bank of Alto Pass, Illinois reported 48 jobs and $600,800 was used to fund payroll.

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

PPP Loan Search / KY / PADUCAH / Bluegrass motors, inc

BLUEGRASS MOTORS, INC

Date Approved

04/14/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

BLUEGRASS MOTORS, INC

Borrower Address

32335 PARK AVE

Borrower City

PADUCAH

Borrower State

KY

Borrower Zip

42001-4007

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

600800.00

Current Approval Amount

600800.00

Undisbursed Amount

0.00

Franchise Name

BMW of North America, LLC - Center Agreement

Servicing Lender Location Id

20214

Servicing Lender Name

Farmers State Bank of Alto Pass, Illinois

Servicing Lender Address

55 N Elm St

Servicing Lender City

ALTO PASS

Servicing Lender State

IL

Servicing Lender Zip

62905-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PADUCAH

Project County Name

MCCRACKEN

Project State

KY

Project Zip

42001-4007

CD

KY-01

Jobs Reported

48

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18033.00

Payroll Proceed

573274.58

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9492.42

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

20214

Originating Lender

Farmers State Bank of Alto Pass, Illinois

Originating Lender City

ALTO PASS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

606166.05

Forgiveness Date

03/09/2021

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