PPP Loan information for Happy motors inc

$32,859

Happy motors inc was initially approved for PPP Loan of amount $32,859, the current approved amount is $32,859. The loan was approved on 03/25/2021 by The Oregon Coast Bank reported 4 jobs and $32,859 was used to fund payroll.

Happy motors inc is Existing or more than 2 years old

HAPPY MOTORS INC

Date Approved

03/25/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

HAPPY MOTORS INC

Borrower Address

134 NW 15th St

Borrower City

Newport

Borrower State

OR

Borrower Zip

97365-2350

Loan Status Date

12/14/2022

Loan Status

Charged Off

Term

39

SBA Guaranty Percentage

100

Initial Approval Amount

32859.37

Current Approval Amount

32859.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

263238

Servicing Lender Name

Oregon Coast Bank

Servicing Lender Address

909 SE Bay Blvd

Servicing Lender City

NEWPORT

Servicing Lender State

OR

Servicing Lender Zip

97365-4102

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

LINCOLN

Project State

OR

Project Zip

97365-2350

CD

OR-04

Jobs Reported

4

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

32858.37

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

Subchapter S Corporation

Originating Lender Location Id

263238

Originating Lender

Oregon Coast Bank

Originating Lender City

NEWPORT

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;