PPP Loan information for Olumba auto sales llc

$795,000

Olumba auto sales llc was initially approved for PPP Loan of amount $795,000, the current approved amount is $795,000. The loan was approved on 04/12/2021 by The The Huntington National Bank reported 25 jobs and $795,000 was used to fund payroll.

Olumba auto sales llc is Existing or more than 2 years old

OLUMBA AUTO SALES LLC

Date Approved

04/12/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

OLUMBA AUTO SALES LLC

Borrower Address

3111 Lafayette Rd

Borrower City

Indianapolis

Borrower State

IN

Borrower Zip

46222-1303

Loan Status Date

09/20/2022

Loan Status

Charged Off

Term

42

SBA Guaranty Percentage

100

Initial Approval Amount

795000.00

Current Approval Amount

795000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Indianapolis

Project County Name

MARION

Project State

IN

Project Zip

46222-1303

CD

IN-07

Jobs Reported

25

NAICS Code

441110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

794996.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;