PPP Loan information for Electric motor repair & rewind inc.

$100,418

Electric motor repair & rewind inc. was initially approved for PPP Loan of amount $100,418, the current approved amount is $100,418. The loan was approved on 04/15/2020 by The WesBanco Bank, Inc. reported 9 jobs and $100,418 was used to fund payroll.

Electric motor repair & rewind inc. is Existing or more than 2 years old

PPP Loan Search / IN / JEFFERSONVILLE / Electric motor repair & rewind inc.

ELECTRIC MOTOR REPAIR & REWIND INC.

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ELECTRIC MOTOR REPAIR & REWIND INC.

Borrower Address

1502 RESEARCH DR

Borrower City

JEFFERSONVILLE

Borrower State

IN

Borrower Zip

47130

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100417.50

Current Approval Amount

100417.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JEFFERSONVILLE

Project County Name

CLARK

Project State

IN

Project Zip

47130-0001

CD

IN-09

Jobs Reported

9

NAICS Code

423710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

100417.50

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

101355.65

Forgiveness Date

03/31/2021

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