PPP Loan information for Motorsinc llc

$248,500

Motorsinc llc was initially approved for PPP Loan of amount $248,500, the current approved amount is $248,500. The loan was approved on 04/07/2020 by The Hawthorn Bank reported 34 jobs and $248,500 was used to fund payroll.

Motorsinc llc is Existing or more than 2 years old

PPP Loan Search / MO / CLINTON / Motorsinc llc

MOTORSINC LLC

Date Approved

04/07/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

MOTORSINC LLC

Borrower Address

148 NW HIGHWAY 7

Borrower City

CLINTON

Borrower State

MO

Borrower Zip

64735-9642

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

248500.00

Current Approval Amount

248500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40274

Servicing Lender Name

Hawthorn Bank

Servicing Lender Address

132 E High St

Servicing Lender City

JEFFERSON CITY

Servicing Lender State

MO

Servicing Lender Zip

65101-2960

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

HENRY

Project State

MO

Project Zip

64735-9642

CD

MO-04

Jobs Reported

34

NAICS Code

441210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

198800.00

Mortgage Interest Proceed

0.00

Rent Proceed

24850.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20850.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

40274

Originating Lender

Hawthorn Bank

Originating Lender City

JEFFERSON CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

240070.12

Forgiveness Date

12/09/2020

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