PPP Loan information for Custom motor concepts llc

$158,400

Custom motor concepts llc was initially approved for PPP Loan of amount $158,400, the current approved amount is $158,400. The loan was approved on 04/10/2020 by The First National Bank reported 14 jobs and $158,400 was used to fund payroll.

Custom motor concepts llc is Existing or more than 2 years old

PPP Loan Search / AR / Lowell / Custom motor concepts llc

CUSTOM MOTOR CONCEPTS LLC

Date Approved

04/10/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

CUSTOM MOTOR CONCEPTS LLC

Borrower Address

722 S Bloomington

Borrower City

Lowell

Borrower State

AR

Borrower Zip

72745

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158400.00

Current Approval Amount

158400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lowell

Project County Name

BENTON

Project State

AR

Project Zip

72745-0001

CD

AR-03

Jobs Reported

14

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1680.00

Payroll Proceed

126720.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

160261.74

Forgiveness Date

06/24/2021

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