PPP Loan information for Motown speed llc

$32,295

Motown speed llc was initially approved for PPP Loan of amount $32,295, the current approved amount is $32,295. The loan was approved on 04/27/2020 by The Central State Bank reported 3 jobs and $32,295 was used to fund payroll.

Motown speed llc is Existing or more than 2 years old

PPP Loan Search / AL / MONTEVALLO / Motown speed llc

MOTOWN SPEED LLC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MOTOWN SPEED LLC

Borrower Address

13523 Hwy 17

Borrower City

MONTEVALLO

Borrower State

AL

Borrower Zip

35115

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32295.00

Current Approval Amount

32295.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1876

Servicing Lender Name

Central State Bank

Servicing Lender Address

11025 Hwy 25

Servicing Lender City

CALERA

Servicing Lender State

AL

Servicing Lender Zip

35040-6812

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTEVALLO

Project County Name

SHELBY

Project State

AL

Project Zip

35115-0001

CD

AL-06

Jobs Reported

3

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

32295.00

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

1876

Originating Lender

Central State Bank

Originating Lender City

CALERA

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

32575.79

Forgiveness Date

03/11/2021

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