PPP Loan information for Community motors llc

$402,967

Community motors llc was initially approved for PPP Loan of amount $402,967, the current approved amount is $402,967. The loan was approved on 04/08/2020 by The First American Bank & Trust reported 35 jobs and $402,967 was used to fund payroll.

Community motors llc is Existing or more than 2 years old

PPP Loan Search / LA / HAMMOND / Community motors llc

COMMUNITY MOTORS LLC

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

COMMUNITY MOTORS LLC

Borrower Address

500 WESTIN OAKS DR

Borrower City

HAMMOND

Borrower State

LA

Borrower Zip

70403-3450

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

402966.65

Current Approval Amount

402966.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29326

Servicing Lender Name

First American Bank & Trust

Servicing Lender Address

2785 Hwy 20 W

Servicing Lender City

VACHERIE

Servicing Lender State

LA

Servicing Lender Zip

70090

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAMMOND

Project County Name

TANGIPAHOA

Project State

LA

Project Zip

70403-3450

CD

LA-05

Jobs Reported

35

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

322057.99

Mortgage Interest Proceed

60908.66

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

29326

Originating Lender

First American Bank & Trust

Originating Lender City

VACHERIE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

404332.70

Forgiveness Date

11/05/2020

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