PPP Loan information for Concept motors, inc

$32,500

Concept motors, inc was initially approved for PPP Loan of amount $32,500, the current approved amount is $32,500. The loan was approved on 04/27/2020 by The Summit CU reported 4 jobs and $32,500 was used to fund payroll.

Concept motors, inc is Existing or more than 2 years old

CONCEPT MOTORS, INC

Date Approved

04/27/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

CONCEPT MOTORS, INC

Borrower Address

4111 STATE HIGHWAY 42

Borrower City

SHEBOYGAN

Borrower State

WI

Borrower Zip

53083-2035

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32500.00

Current Approval Amount

32500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108074

Servicing Lender Name

Summit CU

Servicing Lender Address

1709 Landmark Dr

Servicing Lender City

COTTAGE GROVE

Servicing Lender State

WI

Servicing Lender Zip

53527-8957

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHEBOYGAN

Project County Name

SHEBOYGAN

Project State

WI

Project Zip

53083-2035

CD

WI-06

Jobs Reported

4

NAICS Code

441120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32500.00

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

108074

Originating Lender

Summit CU

Originating Lender City

COTTAGE GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28675.68

Forgiveness Date

12/09/2020

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