PPP Loan information for Academy cars, inc

$187,500

Academy cars, inc was initially approved for PPP Loan of amount $187,500, the current approved amount is $187,500. The loan was approved on 04/08/2020 by The Great American Bank reported 15 jobs and $187,500 was used to fund payroll.

Academy cars, inc is Existing or more than 2 years old

PPP Loan Search / KS / LAWRENCE / Academy cars, inc

ACADEMY CARS, INC

Date Approved

04/08/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

ACADEMY CARS, INC

Borrower Address

1527 W 6th st

Borrower City

LAWRENCE

Borrower State

KS

Borrower Zip

66044-1704

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187500.00

Current Approval Amount

187500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124363

Servicing Lender Name

Great American Bank

Servicing Lender Address

888A New Hampshire St, Ste A

Servicing Lender City

LAWRENCE

Servicing Lender State

KS

Servicing Lender Zip

66044-2791

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAWRENCE

Project County Name

DOUGLAS

Project State

KS

Project Zip

66044-1704

CD

KS-01

Jobs Reported

15

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

187500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

124363

Originating Lender

Great American Bank

Originating Lender City

LAWRENCE

Originating Lender State

KS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

188854.17

Forgiveness Date

12/31/2020

;