PPP Loan information for Cannon automotive group, inc.

$1,195,525

Cannon automotive group, inc. was initially approved for PPP Loan of amount $1,195,525, the current approved amount is $1,195,525. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 77 jobs and $1,195,525 was used to fund payroll.

Cannon automotive group, inc. is Existing or more than 2 years old

CANNON AUTOMOTIVE GROUP, INC.

Date Approved

04/09/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

CANNON AUTOMOTIVE GROUP, INC.

Borrower Address

5210 S. Florida Ave. 0.0

Borrower City

Lakeland

Borrower State

FL

Borrower Zip

33813-5500

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1195525.00

Current Approval Amount

1195525.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lakeland

Project County Name

POLK

Project State

FL

Project Zip

33813-5500

CD

FL-18

Jobs Reported

77

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

1050000.00

Mortgage Interest Proceed

0.00

Rent Proceed

72000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

33525.00

Debt Interest Proceed

20000

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1207078.42

Forgiveness Date

03/31/2021

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