PPP Loan information for R & n motors inc

$16,572

R & n motors inc was initially approved for PPP Loan of amount $16,572, the current approved amount is $16,572. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 2 jobs and $16,572 was used to fund payroll.

R & n motors inc is New Business or 2 years or less

PPP Loan Search / CT / HAMDEN / R & n motors inc

R & N MOTORS INC

Date Approved

05/01/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

R & N MOTORS INC

Borrower Address

336 PUTNAM AVE

Borrower City

HAMDEN

Borrower State

CT

Borrower Zip

06517-2744

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16572.00

Current Approval Amount

16572.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HAMDEN

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06517-2744

CD

CT-03

Jobs Reported

2

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16572.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16757.70

Forgiveness Date

06/15/2021

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