PPP Loan information for Far east motors inc

$112,092

Far east motors inc was initially approved for PPP Loan of amount $112,092, the current approved amount is $112,092. The loan was approved on 03/03/2021 by The First National Bank of Pennsylvania reported 9 jobs and $112,092 was used to fund payroll.

Far east motors inc is Existing or more than 2 years old

PPP Loan Search / MD / Silver Spring / Far east motors inc

FAR EAST MOTORS INC

Date Approved

03/03/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

FAR EAST MOTORS INC

Borrower Address

963 Selim Rd

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20910-4924

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112092.00

Current Approval Amount

112092.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20910-4924

CD

MD-08

Jobs Reported

9

NAICS Code

811111

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

112086.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112938.92

Forgiveness Date

12/08/2021

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