PPP Loan information for Motor parts & bearing co. of waverly, inc

$11,245

Motor parts & bearing co. of waverly, inc was initially approved for PPP Loan of amount $11,245, the current approved amount is $11,245. The loan was approved on 04/28/2020 by The First Federal Bank reported 2 jobs and $11,245 was used to fund payroll.

Motor parts & bearing co. of waverly, inc is Existing or more than 2 years old

PPP Loan Search / TN / WAVERLY / Motor parts & bearing co. of waverly, inc

MOTOR PARTS & BEARING CO. OF WAVERLY, INC

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MOTOR PARTS & BEARING CO. OF WAVERLY, INC

Borrower Address

458 W Main St

Borrower City

WAVERLY

Borrower State

TN

Borrower Zip

37185-1128

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11245.11

Current Approval Amount

11245.11

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

83034

Servicing Lender Name

First Federal Bank

Servicing Lender Address

611 E College St

Servicing Lender City

DICKSON

Servicing Lender State

TN

Servicing Lender Zip

37055-2017

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAVERLY

Project County Name

HUMPHREYS

Project State

TN

Project Zip

37185-1128

CD

TN-07

Jobs Reported

2

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11245.11

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

83034

Originating Lender

First Federal Bank

Originating Lender City

DICKSON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

11333.51

Forgiveness Date

02/16/2021

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