PPP Loan information for Smith motors inc of hammond

$433,700

Smith motors inc of hammond was initially approved for PPP Loan of amount $433,700, the current approved amount is $433,700. The loan was approved on 04/08/2020 by The BMO Harris Bank National Association reported 40 jobs and $433,700 was used to fund payroll.

Smith motors inc of hammond is Existing or more than 2 years old

PPP Loan Search / IN / HAMMOND / Smith motors inc of hammond

SMITH MOTORS INC OF HAMMOND

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SMITH MOTORS INC OF HAMMOND

Borrower Address

6405 INDIANAPOLIS BLVD

Borrower City

HAMMOND

Borrower State

IN

Borrower Zip

46320-2830

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

433700.00

Current Approval Amount

433700.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAMMOND

Project County Name

LAKE

Project State

IN

Project Zip

46320-2830

CD

IN-01

Jobs Reported

40

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

433700.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

436955.72

Forgiveness Date

01/20/2021

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