BOB WALTERS LINTON MOTORS LLC. (IN) - 2020 PPP Loan Borrower Profile (# 8155897004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BOB WALTERS LINTON MOTORS LLC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Indiana.

Loan Detail

Loan Number

8155897004

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$115,300

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$115,957.05

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,000

Payroll Proced

93,000

Mortgage Interest Proceed

5,000

Rent Proceed

3,000

Debt Interest Proceed

4,300

Lender

The Riddell National Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

441120

Borrower Location

LINTON, IN

Project Location

LINTON, IN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.