PPP Loan information for Zion motors inc

$11,419

Zion motors inc was initially approved for PPP Loan of amount $11,419, the current approved amount is $11,419. The loan was approved on 04/15/2020 by The Redstone FCU reported 1 jobs and $11,419 was used to fund payroll.

Zion motors inc is Existing or more than 2 years old

ZION MOTORS INC

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ZION MOTORS INC

Borrower Address

6949 Wall Triana Highway

Borrower City

MADISON

Borrower State

AL

Borrower Zip

35757

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11419.00

Current Approval Amount

11419.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

91061

Servicing Lender Name

Redstone FCU

Servicing Lender Address

220 Wynn Dr

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35893-0001

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

MADISON

Project State

AL

Project Zip

35757-2300

CD

AL-05

Jobs Reported

1

NAICS Code

441120

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

11419.00

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

91061

Originating Lender

Redstone FCU

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11516.19

Forgiveness Date

04/28/2021

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