PPP Loan information for American brake & muffler shop, inc.

$58,790

American brake & muffler shop, inc. was initially approved for PPP Loan of amount $58,790, the current approved amount is $58,790. The loan was approved on 04/14/2020 by The Old National Bank reported 8 jobs and $58,790 was used to fund payroll.

American brake & muffler shop, inc. is Existing or more than 2 years old

AMERICAN BRAKE & MUFFLER SHOP, INC.

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

AMERICAN BRAKE & MUFFLER SHOP, INC.

Borrower Address

3102 W Ridge Rd

Borrower City

Gary

Borrower State

IN

Borrower Zip

46408-1832

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58790.00

Current Approval Amount

58790.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gary

Project County Name

LAKE

Project State

IN

Project Zip

46408-1832

CD

IN-01

Jobs Reported

8

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58790.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59325.64

Forgiveness Date

03/09/2021

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