PPP Loan information for Busam motor sales inc

$403,932

Busam motor sales inc was initially approved for PPP Loan of amount $403,932, the current approved amount is $403,932. The loan was approved on 02/10/2021 by The KeyBank National Association reported 33 jobs and $403,932 was used to fund payroll.

Busam motor sales inc is Existing or more than 2 years old

BUSAM MOTOR SALES INC

Date Approved

02/10/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

BUSAM MOTOR SALES INC

Borrower Address

1501 E Kemper Rd

Borrower City

Cincinnati

Borrower State

OH

Borrower Zip

45246-3907

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

403932.00

Current Approval Amount

403932.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cincinnati

Project County Name

HAMILTON

Project State

OH

Project Zip

45246-3907

CD

OH-08

Jobs Reported

33

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

403932.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

406510.52

Forgiveness Date

10/25/2021

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