PPP Loan information for Gagnon motors inc

$53,800

Gagnon motors inc was initially approved for PPP Loan of amount $53,800, the current approved amount is $53,800. The loan was approved on 04/09/2020 by The Lake City Bank reported 7 jobs and $53,800 was used to fund payroll.

Gagnon motors inc is Existing or more than 2 years old

GAGNON MOTORS INC

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GAGNON MOTORS INC

Borrower Address

210 W ROCHESTER ST

Borrower City

AKRON

Borrower State

IN

Borrower Zip

46910-9275

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53800.00

Current Approval Amount

53800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AKRON

Project County Name

FULTON

Project State

IN

Project Zip

46910-9275

CD

IN-02

Jobs Reported

7

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

983.00

Payroll Proceed

50817.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54324.55

Forgiveness Date

04/05/2021

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