BELOIT MOTOR COMPANY (KS) - 2020 PPP Loan Borrower Profile (# 5877647008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BELOIT MOTOR COMPANY. 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 Kansas.

Loan Detail

Loan Number

5877647008

SBA Office Code

0767

Processing Method

PPP

Curent Loan Amount

$60,247

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$60,665.3

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,150

Payroll Proced

58,097

Lender

The Citizens National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

441110

Borrower Location

BELOIT, KS

Project Location

BELOIT, KS

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.