Date Approved
01/27/2021
SBA Office Code
0549
Processing Method
PPS
Borrower Name
SANDFORD MOTORS INC
Borrower Address
883 Boardman Canfield Rd
Borrower City
Youngstown
Borrower State
OH
Borrower Zip
44512-4216
Loan Status Date
05/11/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
366411.77
Current Approval Amount
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
Servicing Lender Zip
44503
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MAHONING
Project State
Project Zip
CD
OH-06
Jobs Reported
31
NAICS Code
441110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
366406.77
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
370686.57
Forgiveness Date
03/29/2022