PPP Loan information for Motor parts wholesale, inc

$23,400

Motor parts wholesale, inc was initially approved for PPP Loan of amount $23,400, the current approved amount is $23,400. The loan was approved on 04/13/2020 by The Peoples Bank reported 3 jobs and $23,400 was used to fund payroll.

Motor parts wholesale, inc is Existing or more than 2 years old

MOTOR PARTS WHOLESALE, INC

Date Approved

04/13/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

MOTOR PARTS WHOLESALE, INC

Borrower Address

322 ADAMS ST

Borrower City

IRONTON

Borrower State

OH

Borrower Zip

45638-1701

Loan Status Date

06/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23400.00

Current Approval Amount

23400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IRONTON

Project County Name

LAWRENCE

Project State

OH

Project Zip

45638-1701

CD

OH-02

Jobs Reported

3

NAICS Code

423120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2349.00

Payroll Proceed

18788.00

Mortgage Interest Proceed

2263.00

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

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

23511.80

Forgiveness Date

10/13/2020

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