PPP Loan information for Compact cars inc

$438,800

Compact cars inc was initially approved for PPP Loan of amount $438,800, the current approved amount is $438,800. The loan was approved on 04/13/2020 by The Premier Bank reported 38 jobs and $438,800 was used to fund payroll.

Compact cars inc is Existing or more than 2 years old

COMPACT CARS INC

Date Approved

04/13/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

COMPACT CARS INC

Borrower Address

3156 ELM ROAD

Borrower City

CORTLAND

Borrower State

OH

Borrower Zip

44410-9332

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

438800.00

Current Approval Amount

438800.00

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

44410-9332

CD

OH-14

Jobs Reported

38

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

438800.00

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

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

441993.49

Forgiveness Date

01/08/2021

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