PPP Loan information for Motor parts and bearing of milan

$47,800

Motor parts and bearing of milan was initially approved for PPP Loan of amount $37,600, the current approved amount is $47,800. The loan was approved on 04/28/2020 by The Regions Bank reported 8 jobs and $47,800 was used to fund payroll.

Motor parts and bearing of milan is Existing or more than 2 years old

PPP Loan Search / TN / Milan / Motor parts and bearing of milan

MOTOR PARTS AND BEARING OF MILAN

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MOTOR PARTS AND BEARING OF MILAN

Borrower Address

1012 W CHERRY ST

Borrower City

Milan

Borrower State

TN

Borrower Zip

38358

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37600.00

Current Approval Amount

47800.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Milan

Project County Name

GIBSON

Project State

TN

Project Zip

38358-0001

CD

TN-08

Jobs Reported

8

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47800.00

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

48122.16

Forgiveness Date

01/20/2021

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