PPP Loan information for World wide motors inc

$1,617,000

World wide motors inc was initially approved for PPP Loan of amount $1,617,000, the current approved amount is $1,617,000. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 104 jobs and $1,617,000 was used to fund payroll.

World wide motors inc is Existing or more than 2 years old

PPP Loan Search / IN / Indianapolis / World wide motors inc

WORLD WIDE MOTORS INC

Date Approved

05/01/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

WORLD WIDE MOTORS INC

Borrower Address

3900 East 96th Street

Borrower City

Indianapolis

Borrower State

IN

Borrower Zip

46240-3726

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1617000.00

Current Approval Amount

1617000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Indianapolis

Project County Name

HAMILTON

Project State

IN

Project Zip

46240-3726

CD

IN-07

Jobs Reported

104

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1617000.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1629127.50

Forgiveness Date

02/12/2021

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