PPP Loan information for Gorman's auto sales inc.

$9,712

Gorman's auto sales inc. was initially approved for PPP Loan of amount $9,712, the current approved amount is $9,712. The loan was approved on 05/01/2021 by The Independence Bank of Kentucky reported 2 jobs and $9,712 was used to fund payroll.

Gorman's auto sales inc. is Existing or more than 2 years old

PPP Loan Search / KY / Lewisport / Gorman's auto sales inc.

GORMAN'S AUTO SALES INC.

Date Approved

05/01/2021

SBA Office Code

0457

Processing Method

PPP

Borrower Name

GORMAN'S AUTO SALES INC.

Borrower Address

2842 Adair Rd

Borrower City

Lewisport

Borrower State

KY

Borrower Zip

42351-6934

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

9712.37

Current Approval Amount

9712.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27217

Servicing Lender Name

Independence Bank of Kentucky

Servicing Lender Address

2425 Frederica St

Servicing Lender City

OWENSBORO

Servicing Lender State

KY

Servicing Lender Zip

42301-5437

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lewisport

Project County Name

HANCOCK

Project State

KY

Project Zip

42351-6934

CD

KY-02

Jobs Reported

2

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

9708.37

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

Corporation

Originating Lender Location Id

27217

Originating Lender

Independence Bank of Kentucky

Originating Lender City

OWENSBORO

Originating Lender State

KY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

9755.48

Forgiveness Date

10/14/2021

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