PPP Loan information for Automotive color & supply corp

$574,500

Automotive color & supply corp was initially approved for PPP Loan of amount $574,500, the current approved amount is $574,500. The loan was approved on 04/04/2020 by The Lake City Bank reported 70 jobs and $574,500 was used to fund payroll.

Automotive color & supply corp is Existing or more than 2 years old

AUTOMOTIVE COLOR & SUPPLY CORP

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

AUTOMOTIVE COLOR & SUPPLY CORP

Borrower Address

1902 S. CALHOUN ST

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46802-5206

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

574500.00

Current Approval Amount

574500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT WAYNE

Project County Name

ALLEN

Project State

IN

Project Zip

46802-5206

CD

IN-03

Jobs Reported

70

NAICS Code

424950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

425000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

39500

Business Type

Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

579207.71

Forgiveness Date

02/03/2021

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