PPP Loan information for West motor company, inc.

$661,700

West motor company, inc. was initially approved for PPP Loan of amount $661,700, the current approved amount is $661,700. The loan was approved on 04/04/2020 by The Cache Valley Bank reported 43 jobs and $661,700 was used to fund payroll.

West motor company, inc. is Existing or more than 2 years old

WEST MOTOR COMPANY, INC.

Date Approved

04/04/2020

SBA Office Code

1087

Processing Method

PPP

Borrower Name

WEST MOTOR COMPANY, INC.

Borrower Address

296 N State St.

Borrower City

PRESTON

Borrower State

ID

Borrower Zip

83263-1168

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

661700.00

Current Approval Amount

661700.00

Undisbursed Amount

0.00

Franchise Name

Ram - Sales and Service Agreement

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRESTON

Project County Name

FRANKLIN

Project State

ID

Project Zip

83263-1168

CD

ID-02

Jobs Reported

43

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13157.00

Payroll Proceed

521663.00

Mortgage Interest Proceed

71418.00

Rent Proceed

55462.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

656117.08

Forgiveness Date

12/15/2020

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