PPP Loan information for Classic honda of midland

$617,100

Classic honda of midland was initially approved for PPP Loan of amount $617,100, the current approved amount is $617,100. The loan was approved on 04/10/2020 by The Frost Bank reported 38 jobs and $617,100 was used to fund payroll.

Classic honda of midland is Existing or more than 2 years old

CLASSIC HONDA OF MIDLAND

Date Approved

04/10/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

CLASSIC HONDA OF MIDLAND

Borrower Address

3705 W WALL ST

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79703-7709

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

617100.00

Current Approval Amount

617100.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79703-7709

CD

TX-11

Jobs Reported

38

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

617100.00

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

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

623152.65

Forgiveness Date

04/14/2021

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