PPP Loan information for Towne motors, inc.

$1,855,752

Towne motors, inc. was initially approved for PPP Loan of amount $2,037,400, the current approved amount is $1,855,752. The loan was approved on 04/11/2020 by The The Huntington National Bank reported 146 jobs and $1,855,752 was used to fund payroll.

Towne motors, inc. is Unanswered

PPP Loan Search / KY / FLORENCE / Towne motors, inc.

TOWNE MOTORS, INC.

Date Approved

04/11/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

TOWNE MOTORS, INC.

Borrower Address

6050 Hopeful Road

Borrower City

FLORENCE

Borrower State

KY

Borrower Zip

41042

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2037400.00

Current Approval Amount

1855752.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

FLORENCE

Project County Name

BOONE

Project State

KY

Project Zip

41042-0001

CD

KY-04

Jobs Reported

146

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1855752.00

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

Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1876089.01

Forgiveness Date

06/09/2021

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