PPP Loan information for Copans motors inc

$1,300,000

Copans motors inc was initially approved for PPP Loan of amount $1,300,000, the current approved amount is $1,300,000. The loan was approved on 04/30/2020 by The LendingClub Bank, National Association reported 87 jobs and $1,300,000 was used to fund payroll.

Copans motors inc is Existing or more than 2 years old

COPANS MOTORS INC

Date Approved

04/30/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

COPANS MOTORS INC

Borrower Address

500 West Copans Road

Borrower City

Pompano Beach

Borrower State

FL

Borrower Zip

33064

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1300000.00

Current Approval Amount

1300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111901

Servicing Lender Name

LendingClub Bank, National Association

Servicing Lender Address

2701 N Thanksgiving Way

Servicing Lender City

LEHI

Servicing Lender State

UT

Servicing Lender Zip

84043

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pompano Beach

Project County Name

BROWARD

Project State

FL

Project Zip

33064-0800

CD

FL-23

Jobs Reported

87

NAICS Code

522220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1300000.00

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

111901

Originating Lender

LendingClub Bank, National Association

Originating Lender City

LEHI

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1316719.44

Forgiveness Date

08/26/2021

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