PPP Loan information for Budd motors, inc.

$38,340

Budd motors, inc. was initially approved for PPP Loan of amount $38,340, the current approved amount is $38,340. The loan was approved on 04/14/2020 by The BMO Harris Bank National Association reported 6 jobs and $38,340 was used to fund payroll.

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

BUDD MOTORS, INC.

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BUDD MOTORS, INC.

Borrower Address

4921 CALUMET AVE

Borrower City

HAMMOND

Borrower State

IN

Borrower Zip

46327

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38340.00

Current Approval Amount

38340.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAMMOND

Project County Name

LAKE

Project State

IN

Project Zip

46327-0001

CD

IN-01

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38340.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38820.04

Forgiveness Date

07/22/2021

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