PPP Loan information for Herb easley motors, inc.

$828,500

Herb easley motors, inc. was initially approved for PPP Loan of amount $828,500, the current approved amount is $828,500. The loan was approved on 04/07/2020 by The Prosperity Bank reported 84 jobs and $828,500 was used to fund payroll.

Herb easley motors, inc. is Existing or more than 2 years old

HERB EASLEY MOTORS, INC.

Date Approved

04/07/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

HERB EASLEY MOTORS, INC.

Borrower Address

1125 CENTRAL FWY

Borrower City

WICHITA FALLS

Borrower State

TX

Borrower Zip

76306-5944

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

828500.00

Current Approval Amount

828500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WICHITA FALLS

Project County Name

WICHITA

Project State

TX

Project Zip

76306-5944

CD

TX-13

Jobs Reported

84

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

828500.00

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

Subchapter S Corporation

Originating Lender Location Id

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

823456.47

Forgiveness Date

11/23/2020

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