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Memering Motorplex INC

$321,872 PPP Loan in Vincennes, Indiana

Loan Details

Loan Number
4906918302
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$321,872
Current Approval
$321,872
Forgiveness Amount
$324,968
Forgiveness Date
Jan 18, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Memering Motorplex INC
Address
1949 Hart St
City
Vincennes
State
Indiana
ZIP Code
47591-5519
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$9.3M
Rural/Urban
Rural
Congressional District
IN-08

Loan Use Breakdown

Payroll
$321,867
Utilities
$1

Lender Information

Servicing Lender
German American Bank
Originating Lender
German American Bank

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