PPP Loan information for Automotive & industrial supply co., inc.

$626,100

Automotive & industrial supply co., inc. was initially approved for PPP Loan of amount $626,100, the current approved amount is $626,100. The loan was approved on 04/08/2020 by The Lake City Bank reported 134 jobs and $626,100 was used to fund payroll.

Automotive & industrial supply co., inc. is Existing or more than 2 years old

PPP Loan Search / IN / FORT WAYNE / Automotive & industrial supply co., inc.

AUTOMOTIVE & INDUSTRIAL SUPPLY CO., INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

AUTOMOTIVE & INDUSTRIAL SUPPLY CO., INC.

Borrower Address

2212 Inwood Dr

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46815-7117

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

626100.00

Current Approval Amount

626100.00

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

N

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

46815-7117

CD

IN-03

Jobs Reported

134

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30200.00

Payroll Proceed

500886.00

Mortgage Interest Proceed

0.00

Rent Proceed

52900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40160.00

Debt Interest Proceed

1954

Business Type

Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

632169.69

Forgiveness Date

03/31/2021

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