PPP Loan information for High speed automotive ii inc

$62,500

High speed automotive ii inc was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 04/08/2020 by The Old Plank Trail Community Bank, National Association reported 8 jobs and $62,500 was used to fund payroll.

High speed automotive ii inc is New Business or 2 years or less

PPP Loan Search / IN / MERRILLVILLE / High speed automotive ii inc

HIGH SPEED AUTOMOTIVE II INC

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

HIGH SPEED AUTOMOTIVE II INC

Borrower Address

6300 BROADWAY

Borrower City

MERRILLVILLE

Borrower State

IN

Borrower Zip

46410-3006

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438799

Servicing Lender Name

Old Plank Trail Community Bank, National Association

Servicing Lender Address

20012 Wolf Rd

Servicing Lender City

MOKENA

Servicing Lender State

IL

Servicing Lender Zip

60448-9953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MERRILLVILLE

Project County Name

LAKE

Project State

IN

Project Zip

46410-3006

CD

IN-01

Jobs Reported

8

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62500.00

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

438799

Originating Lender

Old Plank Trail Community Bank, National Association

Originating Lender City

MOKENA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62994.79

Forgiveness Date

01/28/2021

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