PPP Loan information for Jim smolich motors inc

$1,618,282

Jim smolich motors inc was initially approved for PPP Loan of amount $1,618,282, the current approved amount is $1,618,282. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 110 jobs and $1,618,282 was used to fund payroll.

Jim smolich motors inc is New Business or 2 years or less

JIM SMOLICH MOTORS INC

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

JIM SMOLICH MOTORS INC

Borrower Address

1865 NE Highway 20

Borrower City

Bend

Borrower State

OR

Borrower Zip

97701

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1618282.00

Current Approval Amount

1618282.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Bend

Project County Name

DESCHUTES

Project State

OR

Project Zip

97701-0001

CD

OR-02

Jobs Reported

110

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1618282.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1160208.75

Forgiveness Date

10/28/2021

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