502 MOTORING LLC (KY) - 2020 PPP Loan Borrower Profile (# 1994547700)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 502 MOTORING 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 Kentucky.

Loan Detail

Loan Number

1994547700

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$22,570

Date Loan was Approved

May 1, 2020

Amount Forgiven

$22,848.33

Date Loan was Forgiven

Jul 29, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

18,057

Rent Proceed

4,513

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Partnership

NAICS

441120

Borrower Location

LOUISVILLE, KY

Project Location

LOUISVILLE, KY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.