PPP Loan information for Southlake motors, inc.

$402,924

Southlake motors, inc. was initially approved for PPP Loan of amount $402,924, the current approved amount is $402,924. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 35 jobs and $402,924 was used to fund payroll.

Southlake motors, inc. is Existing or more than 2 years old

PPP Loan Search / IN / Merrillville / Southlake motors, inc.

SOUTHLAKE MOTORS, INC.

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SOUTHLAKE MOTORS, INC.

Borrower Address

4191 E. Lincoln Highway 0.0

Borrower City

Merrillville

Borrower State

IN

Borrower Zip

46410-5813

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

402924.00

Current Approval Amount

402924.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Merrillville

Project County Name

LAKE

Project State

IN

Project Zip

46410-5813

CD

IN-01

Jobs Reported

35

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

322442.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10482.00

Debt Interest Proceed

20000

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

406806.84

Forgiveness Date

03/31/2021

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