PPP Loan information for Classic motors, inc.

$51,630

Classic motors, inc. was initially approved for PPP Loan of amount $51,630, the current approved amount is $51,630. The loan was approved on 05/23/2020 by The WebBank reported 5 jobs and $51,630 was used to fund payroll.

Classic motors, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Finksburg / Classic motors, inc.

CLASSIC MOTORS, INC.

Date Approved

05/23/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CLASSIC MOTORS, INC.

Borrower Address

2451 Baltimore Blvd

Borrower City

Finksburg

Borrower State

MD

Borrower Zip

21048-1727

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51630.00

Current Approval Amount

51630.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Finksburg

Project County Name

CARROLL

Project State

MD

Project Zip

21048-1727

CD

MD-02

Jobs Reported

5

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51630.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52314.10

Forgiveness Date

09/16/2021

;