PPP Loan information for Yark automotive group, inc.

$5,729,000

Yark automotive group, inc. was initially approved for PPP Loan of amount $5,729,000, the current approved amount is $5,729,000. The loan was approved on 04/03/2020 by The Waterford Bank, National Association reported 413 jobs and $5,729,000 was used to fund payroll.

Yark automotive group, inc. is Existing or more than 2 years old

YARK AUTOMOTIVE GROUP, INC.

Date Approved

04/03/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

YARK AUTOMOTIVE GROUP, INC.

Borrower Address

6019 CENTRAL AVE

Borrower City

TOLEDO

Borrower State

OH

Borrower Zip

43615-1803

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5729000.00

Current Approval Amount

5729000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOLEDO

Project County Name

LUCAS

Project State

OH

Project Zip

43615-1803

CD

OH-09

Jobs Reported

413

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

81128.00

Payroll Proceed

4662472.00

Mortgage Interest Proceed

475000.00

Rent Proceed

510400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

5799498.53

Forgiveness Date

07/01/2021

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