PPP Loan information for Indianapolis car exchange, inc.

$272,418

Indianapolis car exchange, inc. was initially approved for PPP Loan of amount $272,418, the current approved amount is $272,418. The loan was approved on 04/07/2020 by The First Merchants Bank reported 50 jobs and $272,418 was used to fund payroll.

Indianapolis car exchange, inc. is Existing or more than 2 years old

INDIANAPOLIS CAR EXCHANGE, INC.

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

INDIANAPOLIS CAR EXCHANGE, INC.

Borrower Address

5161 S INDIANAPOLIS RD

Borrower City

WHITESTOWN

Borrower State

IN

Borrower Zip

46075-9377

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

272418.00

Current Approval Amount

272418.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITESTOWN

Project County Name

BOONE

Project State

IN

Project Zip

46075-9377

CD

IN-04

Jobs Reported

50

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

272418.00

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

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

265284.01

Forgiveness Date

04/14/2021

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