PPP Loan information for Custom motor concepts llc

$162,465

Custom motor concepts llc was initially approved for PPP Loan of amount $162,465, the current approved amount is $162,465. The loan was approved on 03/26/2021 by The First National Bank reported 14 jobs and $162,465 was used to fund payroll.

Custom motor concepts llc is Existing or more than 2 years old

CUSTOM MOTOR CONCEPTS LLC

Date Approved

03/26/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

CUSTOM MOTOR CONCEPTS LLC

Borrower Address

722 S Bloomington St

Borrower City

Lowell

Borrower State

AR

Borrower Zip

72745-9106

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

162465.07

Current Approval Amount

162465.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lowell

Project County Name

BENTON

Project State

AR

Project Zip

72745-9106

CD

AR-03

Jobs Reported

14

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

162460.07

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

Limited Liability Company(LLC)

Originating Lender Location Id

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

164111.98

Forgiveness Date

04/06/2022

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