PPP Loan information for Ethio motors inc

$168,700

Ethio motors inc was initially approved for PPP Loan of amount $168,700, the current approved amount is $168,700. The loan was approved on 02/10/2021 by The FirstBank reported 13 jobs and $168,700 was used to fund payroll.

Ethio motors inc is Existing or more than 2 years old

ETHIO MOTORS INC

Date Approved

02/10/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

ETHIO MOTORS INC

Borrower Address

890 S Havana St

Borrower City

Aurora

Borrower State

CO

Borrower Zip

80012-3016

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

168700.00

Current Approval Amount

168700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15596

Servicing Lender Name

FirstBank

Servicing Lender Address

10403 W Colfax Ave

Servicing Lender City

LAKEWOOD

Servicing Lender State

CO

Servicing Lender Zip

80215-3811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Aurora

Project County Name

ARAPAHOE

Project State

CO

Project Zip

80012-3016

CD

CO-06

Jobs Reported

13

NAICS Code

441120

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

168697.00

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

15596

Originating Lender

FirstBank

Originating Lender City

LAKEWOOD

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

97836.57

Forgiveness Date

04/15/2022

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