PPP Loan information for Swope motors, inc.

$637,200

Swope motors, inc. was initially approved for PPP Loan of amount $637,200, the current approved amount is $637,200. The loan was approved on 04/03/2020 by The South Central Bank, Inc. reported 60 jobs and $637,200 was used to fund payroll.

Swope motors, inc. is Existing or more than 2 years old

SWOPE MOTORS, INC.

Date Approved

04/03/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

SWOPE MOTORS, INC.

Borrower Address

1100 N Dixie Hwy

Borrower City

ELIZABETHTOWN

Borrower State

KY

Borrower Zip

42701-2534

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

637200.00

Current Approval Amount

637200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27775

Servicing Lender Name

South Central Bank, Inc.

Servicing Lender Address

501 S L Rogers Wells Blvd

Servicing Lender City

GLASGOW

Servicing Lender State

KY

Servicing Lender Zip

42141

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELIZABETHTOWN

Project County Name

HARDIN

Project State

KY

Project Zip

42701-2534

CD

KY-02

Jobs Reported

60

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

593129.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

44071.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27775

Originating Lender

South Central Bank, Inc.

Originating Lender City

GLASGOW

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

643554.30

Forgiveness Date

04/08/2021

;