PPP Loan information for Compact cars inc

$438,820

Compact cars inc was initially approved for PPP Loan of amount $438,820, the current approved amount is $438,820. The loan was approved on 02/24/2021 by The Premier Bank reported 38 jobs and $438,820 was used to fund payroll.

Compact cars inc is Existing or more than 2 years old

PPP Loan Search / OH / Cortland / Compact cars inc

COMPACT CARS INC

Date Approved

02/24/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

COMPACT CARS INC

Borrower Address

3156 State Route 5

Borrower City

Cortland

Borrower State

OH

Borrower Zip

44410-9237

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

438819.65

Current Approval Amount

438819.65

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cortland

Project County Name

TRUMBULL

Project State

OH

Project Zip

44410-9237

CD

OH-14

Jobs Reported

38

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

438815.65

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

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

441416.00

Forgiveness Date

10/04/2021

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