PPP Loan information for Neal motors inc.

$6,500

Neal motors inc. was initially approved for PPP Loan of amount $6,500, the current approved amount is $6,500. The loan was approved on 02/04/2021 by The The Citizens National Bank of Somerset reported 1 jobs and $6,500 was used to fund payroll.

Neal motors inc. is Existing or more than 2 years old

NEAL MOTORS INC.

Date Approved

02/04/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

NEAL MOTORS INC.

Borrower Address

51 Highway 3106

Borrower City

Monticello

Borrower State

KY

Borrower Zip

42633

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

6500.00

Current Approval Amount

6500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27925

Servicing Lender Name

The Citizens National Bank of Somerset

Servicing Lender Address

44 Public Sq

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-1414

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Monticello

Project County Name

WAYNE

Project State

KY

Project Zip

42633

CD

KY-05

Jobs Reported

1

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

6499.00

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

27925

Originating Lender

The Citizens National Bank of Somerset

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6539.90

Forgiveness Date

09/22/2021

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