PPP Loan information for Sellers auto group inc

$933,800

Sellers auto group inc was initially approved for PPP Loan of amount $933,800, the current approved amount is $933,800. The loan was approved on 04/15/2020 by The First Merchants Bank reported 65 jobs and $933,800 was used to fund payroll.

Sellers auto group inc is Existing or more than 2 years old

PPP Loan Search / MI / Farmington Hills / Sellers auto group inc

SELLERS AUTO GROUP INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SELLERS AUTO GROUP INC

Borrower Address

24501 Hathaway Street

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48335-1522

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

933800.00

Current Approval Amount

933800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48335-1522

CD

MI-11

Jobs Reported

65

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

933800.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

941551.82

Forgiveness Date

02/22/2021

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