PPP Loan information for Auto masters systems inc

$357,232

Auto masters systems inc was initially approved for PPP Loan of amount $357,232, the current approved amount is $357,232. The loan was approved on 04/14/2020 by The Horizon Bank reported 22 jobs and $357,232 was used to fund payroll.

Auto masters systems inc is Existing or more than 2 years old

PPP Loan Search / IN / SWEETSER / Auto masters systems inc

AUTO MASTERS SYSTEMS INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

AUTO MASTERS SYSTEMS INC

Borrower Address

116 N Main St

Borrower City

SWEETSER

Borrower State

IN

Borrower Zip

46987

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

357232.00

Current Approval Amount

357232.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SWEETSER

Project County Name

GRANT

Project State

IN

Project Zip

46987-0001

CD

IN-05

Jobs Reported

22

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

320000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

37232.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

359571.14

Forgiveness Date

12/31/2020

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