PPP Loan information for Village motors, inc.

$554,500

Village motors, inc. was initially approved for PPP Loan of amount $554,500, the current approved amount is $554,500. The loan was approved on 04/10/2020 by The The Commercial and Savings Bank of Millersburg, Ohio reported 70 jobs and $554,500 was used to fund payroll.

Village motors, inc. is Existing or more than 2 years old

VILLAGE MOTORS, INC.

Date Approved

04/10/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

VILLAGE MOTORS, INC.

Borrower Address

784 WOOSTER RD

Borrower City

MILLERSBURG

Borrower State

OH

Borrower Zip

44654-1000

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

554500.00

Current Approval Amount

554500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57845

Servicing Lender Name

The Commercial and Savings Bank of Millersburg, Ohio

Servicing Lender Address

91 N Clay St

Servicing Lender City

MILLERSBURG

Servicing Lender State

OH

Servicing Lender Zip

44654-1117

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILLERSBURG

Project County Name

HOLMES

Project State

OH

Project Zip

44654-1000

CD

OH-12

Jobs Reported

70

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

69313.00

Payroll Proceed

415875.00

Mortgage Interest Proceed

69312.00

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

57845

Originating Lender

The Commercial and Savings Bank of Millersburg, Ohio

Originating Lender City

MILLERSBURG

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

559120.83

Forgiveness Date

02/16/2021

;