PPP Loan information for Coad autosales inc.

$396,900

Coad autosales inc. was initially approved for PPP Loan of amount $396,900, the current approved amount is $396,900. The loan was approved on 04/08/2020 by The Commerce Bank reported 40 jobs and $396,900 was used to fund payroll.

Coad autosales inc. is New Business or 2 years or less

COAD AUTOSALES INC.

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

COAD AUTOSALES INC.

Borrower Address

3941 Mike Smith Dr.

Borrower City

PADUCAH

Borrower State

KY

Borrower Zip

42001-6517

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

396900.00

Current Approval Amount

396900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PADUCAH

Project County Name

MCCRACKEN

Project State

KY

Project Zip

42001-6517

CD

KY-01

Jobs Reported

40

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13100.00

Payroll Proceed

213000.00

Mortgage Interest Proceed

0.00

Rent Proceed

124600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

46200

Business Type

Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

400240.58

Forgiveness Date

02/16/2021

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