PPP Loan information for Young truck sales inc

$1,857,600

Young truck sales inc was initially approved for PPP Loan of amount $1,857,600, the current approved amount is $1,857,600. The loan was approved on 06/26/2020 by The Premier Bank reported 169 jobs and $1,857,600 was used to fund payroll.

Young truck sales inc is Existing or more than 2 years old

YOUNG TRUCK SALES INC

Date Approved

06/26/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

YOUNG TRUCK SALES INC

Borrower Address

4970 Southway St SW

Borrower City

Canton

Borrower State

OH

Borrower Zip

44706

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1857600.00

Current Approval Amount

1857600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

STARK

Project State

OH

Project Zip

44706-0001

CD

OH-13

Jobs Reported

169

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1857600.00

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

Corporation

Originating Lender Location Id

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1871635.20

Forgiveness Date

03/31/2021

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