PPP Loan information for Standard motor supply

$37,500

Standard motor supply was initially approved for PPP Loan of amount $37,500, the current approved amount is $37,500. The loan was approved on 04/14/2020 by The The Farmers State Bank of Brush reported 6 jobs and $37,500 was used to fund payroll.

Standard motor supply is Existing or more than 2 years old

STANDARD MOTOR SUPPLY

Date Approved

04/14/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

STANDARD MOTOR SUPPLY

Borrower Address

108 Colorado Ave

Borrower City

BRUSH

Borrower State

CO

Borrower Zip

80723-2114

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37500.00

Current Approval Amount

37500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15135

Servicing Lender Name

The Farmers State Bank of Brush

Servicing Lender Address

200 Clayton St

Servicing Lender City

BRUSH

Servicing Lender State

CO

Servicing Lender Zip

80723-2104

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRUSH

Project County Name

MORGAN

Project State

CO

Project Zip

80723-2114

CD

CO-04

Jobs Reported

6

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

30000.00

Mortgage Interest Proceed

2500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

15135

Originating Lender

The Farmers State Bank of Brush

Originating Lender City

BRUSH

Originating Lender State

CO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

37796.88

Forgiveness Date

02/03/2021

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