PPP Loan information for Orr motors of longview, inc.

$624,990

Orr motors of longview, inc. was initially approved for PPP Loan of amount $624,990, the current approved amount is $624,990. The loan was approved on 04/06/2020 by The Farmers Bank & Trust Company reported 43 jobs and $624,990 was used to fund payroll.

Orr motors of longview, inc. is Existing or more than 2 years old

ORR MOTORS OF LONGVIEW, INC.

Date Approved

04/06/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

ORR MOTORS OF LONGVIEW, INC.

Borrower Address

400 N SPUR 63

Borrower City

LONGVIEW

Borrower State

TX

Borrower Zip

75601-5007

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

624990.00

Current Approval Amount

624990.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

4520

Servicing Lender Name

Farmers Bank & Trust Company

Servicing Lender Address

200 E Main St

Servicing Lender City

MAGNOLIA

Servicing Lender State

AR

Servicing Lender Zip

71753-3530

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONGVIEW

Project County Name

GREGG

Project State

TX

Project Zip

75601-5007

CD

TX-01

Jobs Reported

43

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

624990.00

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

4520

Originating Lender

Farmers Bank & Trust Company

Originating Lender City

MAGNOLIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

632233.03

Forgiveness Date

06/11/2021

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