PPP Loan information for Wooster motor ways, inc.

$1,455,900

Wooster motor ways, inc. was initially approved for PPP Loan of amount $1,455,900, the current approved amount is $1,455,900. The loan was approved on 04/09/2020 by The The Commercial and Savings Bank of Millersburg, Ohio reported 111 jobs and $1,455,900 was used to fund payroll.

Wooster motor ways, inc. is Existing or more than 2 years old

PPP Loan Search / OH / WOOSTER / Wooster motor ways, inc.

WOOSTER MOTOR WAYS, INC.

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

WOOSTER MOTOR WAYS, INC.

Borrower Address

19 PO BOX

Borrower City

WOOSTER

Borrower State

OH

Borrower Zip

44691-0019

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1455900.00

Current Approval Amount

1455900.00

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

WOOSTER

Project County Name

WAYNE

Project State

OH

Project Zip

44691-0019

CD

OH-07

Jobs Reported

111

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

181987.50

Payroll Proceed

1091925.00

Mortgage Interest Proceed

181987.50

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1471025.18

Forgiveness Date

04/27/2021

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