PPP Loan information for Mcdaniel automotive inc

$1,094,215

Mcdaniel automotive inc was initially approved for PPP Loan of amount $1,094,215, the current approved amount is $1,094,215. The loan was approved on 03/30/2021 by The Premier Bank reported 95 jobs and $1,094,215 was used to fund payroll.

Mcdaniel automotive inc is Existing or more than 2 years old

PPP Loan Search / OH / Marion / Mcdaniel automotive inc

MCDANIEL AUTOMOTIVE INC

Date Approved

03/30/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

MCDANIEL AUTOMOTIVE INC

Borrower Address

1111 Mount Vernon Ave

Borrower City

Marion

Borrower State

OH

Borrower Zip

43302-5622

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1094215.00

Current Approval Amount

1094215.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marion

Project County Name

MARION

Project State

OH

Project Zip

43302-5622

CD

OH-04

Jobs Reported

95

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1094211.00

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

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1101904.90

Forgiveness Date

12/20/2021

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