PPP Loan information for German motors

$10,125

German motors was initially approved for PPP Loan of amount $10,125, the current approved amount is $10,125. The loan was approved on 05/14/2020 by The Eastman CU reported 2 jobs and $10,125 was used to fund payroll.

German motors is Existing or more than 2 years old

GERMAN MOTORS

Date Approved

05/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

GERMAN MOTORS

Borrower Address

1241 Konnarock Rd

Borrower City

Kingsport

Borrower State

TN

Borrower Zip

37664

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10125.00

Current Approval Amount

10125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

105483

Servicing Lender Name

Eastman CU

Servicing Lender Address

2021 Meadowview Ln

Servicing Lender City

KINGSPORT

Servicing Lender State

TN

Servicing Lender Zip

37660-7429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kingsport

Project County Name

SULLIVAN

Project State

TN

Project Zip

37664-0001

CD

TN-01

Jobs Reported

2

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10125.00

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

Partnership

Originating Lender Location Id

105483

Originating Lender

Eastman CU

Originating Lender City

KINGSPORT

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10247.33

Forgiveness Date

08/09/2021

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