PPP Loan information for Kempthorn motors inc

$1,150,000

Kempthorn motors inc was initially approved for PPP Loan of amount $1,150,000, the current approved amount is $1,150,000. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 92 jobs and $1,150,000 was used to fund payroll.

Kempthorn motors inc is Existing or more than 2 years old

KEMPTHORN MOTORS INC

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

KEMPTHORN MOTORS INC

Borrower Address

1449 Cleveland Ave NW 0.0

Borrower City

Canton

Borrower State

OH

Borrower Zip

44703-3138

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1150000.00

Current Approval Amount

1150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

STARK

Project State

OH

Project Zip

44703-3138

CD

OH-13

Jobs Reported

92

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18000.00

Payroll Proceed

1032000.00

Mortgage Interest Proceed

70000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1164713.61

Forgiveness Date

07/26/2021

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