PPP Loan information for Next motor

$10,833

Next motor was initially approved for PPP Loan of amount $10,833, the current approved amount is $10,833. The loan was approved on 05/27/2021 by The Customers Bank reported 3 jobs and $10,833 was used to fund payroll.

Next motor is Existing or more than 2 years old

NEXT MOTOR

Date Approved

05/27/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

NEXT MOTOR

Borrower Address

381 S DuPont Hwy N/A

Borrower City

New Castle

Borrower State

DE

Borrower Zip

19720-4641

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10833.00

Current Approval Amount

10833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Castle

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19720-4641

CD

DE-

Jobs Reported

3

NAICS Code

441120

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

10831.00

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

262380

Originating Lender

Leader Bank, National Association

Originating Lender City

ARLINGTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10897.40

Forgiveness Date

01/11/2022

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