PPP Loan information for Adams auto sales inc.

$269,000

Adams auto sales inc. was initially approved for PPP Loan of amount $269,000, the current approved amount is $269,000. The loan was approved on 02/17/2021 by The First Farmers Bank & Trust Co. reported 21 jobs and $269,000 was used to fund payroll.

Adams auto sales inc. is Existing or more than 2 years old

PPP Loan Search / IN / Kokomo / Adams auto sales inc.

ADAMS AUTO SALES INC.

Date Approved

02/17/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

ADAMS AUTO SALES INC.

Borrower Address

1400 E Boulevard

Borrower City

Kokomo

Borrower State

IN

Borrower Zip

46902-2455

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

269000.00

Current Approval Amount

269000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kokomo

Project County Name

HOWARD

Project State

IN

Project Zip

46902-2455

CD

IN-05

Jobs Reported

21

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

268997.00

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

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

270348.68

Forgiveness Date

08/25/2021

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