PPP Loan information for Pearl motor company

$266,700

Pearl motor company was initially approved for PPP Loan of amount $266,700, the current approved amount is $266,700. The loan was approved on 04/06/2020 by The Commerce Bank reported 28 jobs and $266,700 was used to fund payroll.

Pearl motor company is Existing or more than 2 years old

PPP Loan Search / MO / MEXICO / Pearl motor company

PEARL MOTOR COMPANY

Date Approved

04/06/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

PEARL MOTOR COMPANY

Borrower Address

3100 S CLARK ST

Borrower City

MEXICO

Borrower State

MO

Borrower Zip

65265-4121

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

266700.00

Current Approval Amount

266700.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEXICO

Project County Name

AUDRAIN

Project State

MO

Project Zip

65265-4121

CD

MO-06

Jobs Reported

28

NAICS Code

336111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7166.00

Payroll Proceed

199534.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

268803.97

Forgiveness Date

01/20/2021

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