PPP Loan information for Expressway ford-mercury of mount vernon, llc

$708,970

Expressway ford-mercury of mount vernon, llc was initially approved for PPP Loan of amount $708,970, the current approved amount is $708,970. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 65 jobs and $708,970 was used to fund payroll.

Expressway ford-mercury of mount vernon, llc is Existing or more than 2 years old

EXPRESSWAY FORD-MERCURY OF MOUNT VERNON, LLC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

EXPRESSWAY FORD-MERCURY OF MOUNT VERNON, LLC

Borrower Address

3800 HWY 62 EAST

Borrower City

MOUNT VERNON

Borrower State

IN

Borrower Zip

47620

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

708970.00

Current Approval Amount

708970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT VERNON

Project County Name

POSEY

Project State

IN

Project Zip

47620-0001

CD

IN-08

Jobs Reported

65

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

708970.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

717556.41

Forgiveness Date

07/12/2021

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