PPP Loan information for Capitol city ford, inc

$1,602,400

Capitol city ford, inc was initially approved for PPP Loan of amount $1,602,400, the current approved amount is $1,602,400. The loan was approved on 04/04/2020 by The STAR Financial Bank reported 206 jobs and $1,602,400 was used to fund payroll.

Capitol city ford, inc is Existing or more than 2 years old

PPP Loan Search / IN / INDIANAPOLIS / Capitol city ford, inc

CAPITOL CITY FORD, INC

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

CAPITOL CITY FORD, INC

Borrower Address

8623 E Washington St

Borrower City

INDIANAPOLIS

Borrower State

IN

Borrower Zip

46219-6823

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1602400.00

Current Approval Amount

1602400.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

24398

Servicing Lender Name

STAR Financial Bank

Servicing Lender Address

127 W Berry St

Servicing Lender City

FORT WAYNE

Servicing Lender State

IN

Servicing Lender Zip

46802-2315

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INDIANAPOLIS

Project County Name

MARION

Project State

IN

Project Zip

46219-6823

CD

IN-07

Jobs Reported

206

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

1252000.00

Mortgage Interest Proceed

0.00

Rent Proceed

149000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

47000.00

Debt Interest Proceed

129400

Business Type

Subchapter S Corporation

Originating Lender Location Id

24398

Originating Lender

STAR Financial Bank

Originating Lender City

FORT WAYNE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1614165.57

Forgiveness Date

01/08/2021

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