PPP Loan information for Continental motor company inc

$1,600,225

Continental motor company inc was initially approved for PPP Loan of amount $1,600,225, the current approved amount is $1,600,225. The loan was approved on 04/10/2020 by The First National Bank Alaska reported 110 jobs and $1,600,225 was used to fund payroll.

Continental motor company inc is Existing or more than 2 years old

CONTINENTAL MOTOR COMPANY INC

Date Approved

04/10/2020

SBA Office Code

1084

Processing Method

PPP

Borrower Name

CONTINENTAL MOTOR COMPANY INC

Borrower Address

5115 OLD SEWARD HWY

Borrower City

ANCHORAGE

Borrower State

AK

Borrower Zip

99503

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1600225.00

Current Approval Amount

1600225.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3386

Servicing Lender Name

First National Bank Alaska

Servicing Lender Address

101 W 36th Ave

Servicing Lender City

ANCHORAGE

Servicing Lender State

AK

Servicing Lender Zip

99503-5904

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ANCHORAGE

Project County Name

ANCHORAGE

Project State

AK

Project Zip

99503-0100

CD

AK-

Jobs Reported

110

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

46455.16

Payroll Proceed

1280180.00

Mortgage Interest Proceed

0.00

Rent Proceed

273589.84

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

3386

Originating Lender

First National Bank Alaska

Originating Lender City

ANCHORAGE

Originating Lender State

AK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1622014.37

Forgiveness Date

08/30/2021

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