CREDIT MOTORS INC (KS) - 2020 PPP Loan Borrower Profile (# 7351447208)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CREDIT MOTORS INC. 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

7351447208

SBA Office Code

0709

Processing Method

PPP

Curent Loan Amount

$203,800

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$205,317.18

Date Loan was Forgiven

Jan 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

16,000

Payroll Proced

170,000

Rent Proceed

16,000

Debt Interest Proceed

1,800

Lender

The Central Trust Bank

Business Detail

Business Type

Corporation

NAICS

441120

Borrower Location

KANSAS CITY, KS

Project Location

KANSAS CITY, KS

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.