PPP Loan information for Horne motors of gilbert, llc

$973,000

Horne motors of gilbert, llc was initially approved for PPP Loan of amount $973,000, the current approved amount is $973,000. The loan was approved on 04/13/2020 by The JPMorgan Chase Bank, National Association reported 80 jobs and $973,000 was used to fund payroll.

Horne motors of gilbert, llc is Existing or more than 2 years old

HORNE MOTORS OF GILBERT, LLC

Date Approved

04/13/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

HORNE MOTORS OF GILBERT, LLC

Borrower Address

1465 E Motorplex Loop, Gilbert, AZ

Borrower City

GILBERT

Borrower State

AZ

Borrower Zip

85297-0403

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

973000.00

Current Approval Amount

973000.00

Undisbursed Amount

0.00

Franchise Name

Kia Dealer Sales and Service Agreement

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GILBERT

Project County Name

MARICOPA

Project State

AZ

Project Zip

85297-0403

CD

AZ-05

Jobs Reported

80

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

730000.00

Mortgage Interest Proceed

0.00

Rent Proceed

135000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18000.00

Debt Interest Proceed

65000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

983992.20

Forgiveness Date

06/03/2021

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