PPP Loan information for Button motors inc

$1,210,800

Button motors inc was initially approved for PPP Loan of amount $1,210,800, the current approved amount is $1,210,800. The loan was approved on 04/11/2020 by The Old National Bank reported 98 jobs and $1,210,800 was used to fund payroll.

Button motors inc is Existing or more than 2 years old

BUTTON MOTORS INC

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BUTTON MOTORS INC

Borrower Address

1220 E Boulevard St

Borrower City

KOKOMO

Borrower State

IN

Borrower Zip

46902

Loan Status Date

01/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1210800.00

Current Approval Amount

1210800.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KOKOMO

Project County Name

HOWARD

Project State

IN

Project Zip

46902-0001

CD

IN-05

Jobs Reported

98

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1210800.00

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

Subchapter S Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1218131.15

Forgiveness Date

11/30/2020

;