PPP Loan information for Rex motors inc

$620,563

Rex motors inc was initially approved for PPP Loan of amount $620,563, the current approved amount is $620,563. The loan was approved on 03/12/2021 by The U.S. Bank, National Association reported 61 jobs and $620,563 was used to fund payroll.

Rex motors inc is Existing or more than 2 years old

REX MOTORS INC

Date Approved

03/12/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

REX MOTORS INC

Borrower Address

3608 AUTO DR NE

Borrower City

VANCOUVER

Borrower State

WA

Borrower Zip

98662

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

620563.00

Current Approval Amount

620563.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VANCOUVER

Project County Name

CLARK

Project State

WA

Project Zip

98662

CD

WA-03

Jobs Reported

61

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

620563.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

622821.16

Forgiveness Date

07/27/2021

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