PPP Loan information for M&w electric motors, inc

$60,600

M&w electric motors, inc was initially approved for PPP Loan of amount $60,600, the current approved amount is $60,600. The loan was approved on 05/01/2020 by The Regions Bank reported 8 jobs and $60,600 was used to fund payroll.

M&w electric motors, inc is Existing or more than 2 years old

PPP Loan Search / FL / PENSACOLA / M&w electric motors, inc

M&W ELECTRIC MOTORS, INC

Date Approved

05/01/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

M&W ELECTRIC MOTORS, INC

Borrower Address

1250 BARRANCAS AVE

Borrower City

PENSACOLA

Borrower State

FL

Borrower Zip

32502

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60600.00

Current Approval Amount

60600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PENSACOLA

Project County Name

ESCAMBIA

Project State

FL

Project Zip

32502-0002

CD

FL-01

Jobs Reported

8

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60600.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60980.20

Forgiveness Date

12/22/2020

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