PPP Loan information for Prime rate motors inc.

$106,338

Prime rate motors inc. was initially approved for PPP Loan of amount $106,250, the current approved amount is $106,338. The loan was approved on 04/15/2020 by The First Interstate Bank reported 6 jobs and $106,338 was used to fund payroll.

Prime rate motors inc. is Existing or more than 2 years old

PPP Loan Search / WY / SHERIDAN / Prime rate motors inc.

PRIME RATE MOTORS INC.

Date Approved

04/15/2020

SBA Office Code

0897

Processing Method

PPP

Borrower Name

PRIME RATE MOTORS INC.

Borrower Address

2305 Coffeen Avenue

Borrower City

SHERIDAN

Borrower State

WY

Borrower Zip

82801-6212

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106250.00

Current Approval Amount

106338.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHERIDAN

Project County Name

SHERIDAN

Project State

WY

Project Zip

82801-6212

CD

WY-

Jobs Reported

6

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

106338.00

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

106929.41

Forgiveness Date

11/05/2020

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