PPP Loan information for Motor parts & bearings inc

$9,375

Motor parts & bearings inc was initially approved for PPP Loan of amount $9,375, the current approved amount is $9,375. The loan was approved on 04/29/2020 by The The HomeTown Bank of Alabama reported 1 jobs and $9,375 was used to fund payroll.

Motor parts & bearings inc is Existing or more than 2 years old

PPP Loan Search / AL / REMLAP / Motor parts & bearings inc

MOTOR PARTS & BEARINGS INC

Date Approved

04/29/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MOTOR PARTS & BEARINGS INC

Borrower Address

10216 Mize Road

Borrower City

REMLAP

Borrower State

AL

Borrower Zip

35133-3948

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

9375.00

Current Approval Amount

9375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342929

Servicing Lender Name

The HomeTown Bank of Alabama

Servicing Lender Address

2002 2nd Ave E

Servicing Lender City

ONEONTA

Servicing Lender State

AL

Servicing Lender Zip

35121-2731

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

REMLAP

Project County Name

BLOUNT

Project State

AL

Project Zip

35133-3948

CD

AL-06

Jobs Reported

1

NAICS Code

332722

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

9375.00

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

Corporation

Originating Lender Location Id

342929

Originating Lender

The HomeTown Bank of Alabama

Originating Lender City

ONEONTA

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

9450.00

Forgiveness Date

02/19/2021

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