PPP Loan information for Jim's auto sales inc

$286,900

Jim's auto sales inc was initially approved for PPP Loan of amount $286,900, the current approved amount is $286,900. The loan was approved on 04/05/2020 by The Maine Community Bank reported 24 jobs and $286,900 was used to fund payroll.

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

PPP Loan Search / ME / AUBURN / Jim's auto sales inc

JIM'S AUTO SALES INC

Date Approved

04/05/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

JIM'S AUTO SALES INC

Borrower Address

1097 Center Street

Borrower City

AUBURN

Borrower State

ME

Borrower Zip

04210-6446

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

286900.00

Current Approval Amount

286900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29614

Servicing Lender Name

Maine Community Bank

Servicing Lender Address

254 Main St

Servicing Lender City

BIDDEFORD

Servicing Lender State

ME

Servicing Lender Zip

04005-2400

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUBURN

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04210-6446

CD

ME-02

Jobs Reported

24

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7500.00

Payroll Proceed

268450.00

Mortgage Interest Proceed

0.00

Rent Proceed

10950.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29614

Originating Lender

Maine Community Bank

Originating Lender City

BIDDEFORD

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

288645.31

Forgiveness Date

11/13/2020

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