CHILI MOTORS (KY) - 2020 PPP Loan Borrower Profile (# 2461227406)

Updated on April 18, 2025.

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

2461227406

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$8,333

Date Loan was Approved

May 5, 2020

Amount Forgiven

$8,388.32

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,042

Payroll Proced

6,249

Rent Proceed

1,042

Lender

FNB Bank, Inc.

Business Detail

Business Type

Sole Proprietorship

NAICS

441120

Borrower Location

MAYFIELD, KY

Project Location

MAYFIELD, KY

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.