PPP Loan information for Dowell automotive repair inc

$88,156

Dowell automotive repair inc was initially approved for PPP Loan of amount $88,156, the current approved amount is $88,156. The loan was approved on 04/15/2020 by The First Merchants Bank reported 10 jobs and $88,156 was used to fund payroll.

Dowell automotive repair inc is Existing or more than 2 years old

DOWELL AUTOMOTIVE REPAIR INC

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

DOWELL AUTOMOTIVE REPAIR INC

Borrower Address

3355 S. 250 W

Borrower City

Lafayeete

Borrower State

IN

Borrower Zip

47909

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88156.22

Current Approval Amount

88156.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lafayeete

Project County Name

TIPPECANOE

Project State

IN

Project Zip

47909-0002

CD

IN-04

Jobs Reported

10

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88156.22

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88764.86

Forgiveness Date

12/31/2020

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