PPP Loan information for Eddie gilstrap motors, inc.

$588,500

Eddie gilstrap motors, inc. was initially approved for PPP Loan of amount $686,100, the current approved amount is $588,500. The loan was approved on 04/10/2020 by The First Savings Bank reported 64 jobs and $588,500 was used to fund payroll.

Eddie gilstrap motors, inc. is Existing or more than 2 years old

PPP Loan Search / IN / SALEM / Eddie gilstrap motors, inc.

EDDIE GILSTRAP MOTORS, INC.

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

EDDIE GILSTRAP MOTORS, INC.

Borrower Address

207 S. MAIN STREET

Borrower City

SALEM

Borrower State

IN

Borrower Zip

47167-1319

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

686100.00

Current Approval Amount

588500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85120

Servicing Lender Name

First Savings Bank

Servicing Lender Address

702 N. Shore Dr. #300

Servicing Lender City

Jeffersonville

Servicing Lender State

IN

Servicing Lender Zip

47130

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

WASHINGTON

Project State

IN

Project Zip

47167-1319

CD

IN-09

Jobs Reported

64

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

15196.00

Payroll Proceed

547915.00

Mortgage Interest Proceed

2926.00

Rent Proceed

1200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

21263.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

85120

Originating Lender

First Savings Bank

Originating Lender City

Jeffersonville

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

593060.88

Forgiveness Date

02/04/2021

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