1 PERCENT MOTOR GROUP LLC (TX) - 2020 PPP Loan Borrower Profile (# 3354088603)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1 PERCENT MOTOR GROUP 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 Texas.

Loan Detail

Loan Number

3354088603

SBA Office Code

0678

Processing Method

PPP

Curent Loan Amount

$2,917

Date Loan was Approved

Mar 16, 2021

Amount Forgiven

$2,934.5

Date Loan was Forgiven

Oct 19, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

2,915

Lender

Capital Plus Financial, LLC

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

522220

Borrower Location

Big Spring, TX

Project Location

Big Spring, TX

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.