PPP Loan information for Quality motors of independence

$249,969

Quality motors of independence was initially approved for PPP Loan of amount $249,969, the current approved amount is $249,969. The loan was approved on 04/07/2020 by The Commercial Bank reported 34 jobs and $249,969 was used to fund payroll.

Quality motors of independence is Existing or more than 2 years old

PPP Loan Search / KS / Independence / Quality motors of independence

QUALITY MOTORS OF INDEPENDENCE

Date Approved

04/07/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

QUALITY MOTORS OF INDEPENDENCE

Borrower Address

2022 W Main

Borrower City

Independence

Borrower State

KS

Borrower Zip

67301

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249969.00

Current Approval Amount

249969.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

26331

Servicing Lender Name

Commercial Bank

Servicing Lender Address

1901 Main St

Servicing Lender City

PARSONS

Servicing Lender State

KS

Servicing Lender Zip

67357-3336

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Independence

Project County Name

MONTGOMERY

Project State

KS

Project Zip

67301-0001

CD

KS-02

Jobs Reported

34

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

249969.00

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

Corporation

Originating Lender Location Id

26331

Originating Lender

Commercial Bank

Originating Lender City

PARSONS

Originating Lender State

KS

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

251864.60

Forgiveness Date

01/08/2021

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