PPP Loan information for Sandford motors

$358,100

Sandford motors was initially approved for PPP Loan of amount $358,100, the current approved amount is $358,100. The loan was approved on 04/15/2020 by The Premier Bank reported 30 jobs and $358,100 was used to fund payroll.

Sandford motors is Existing or more than 2 years old

SANDFORD MOTORS

Date Approved

04/15/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

SANDFORD MOTORS

Borrower Address

883 boardman canfield rd

Borrower City

YOUNGSTOWN

Borrower State

OH

Borrower Zip

44512-4216

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

358100.00

Current Approval Amount

358100.00

Undisbursed Amount

0.00

Franchise Name

Acura Automobile Division - 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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

YOUNGSTOWN

Project County Name

MAHONING

Project State

OH

Project Zip

44512-4216

CD

OH-06

Jobs Reported

30

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

358100.00

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

Subchapter S 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

362586.20

Forgiveness Date

07/19/2021

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