PPP Loan information for Infiniti of ardmore inc

$523,232

Infiniti of ardmore inc was initially approved for PPP Loan of amount $523,232, the current approved amount is $523,232. The loan was approved on 04/02/2021 by The Loan Source Incorporated reported 47 jobs and $523,232 was used to fund payroll.

Infiniti of ardmore inc is Existing or more than 2 years old

PPP Loan Search / PA / Ardmore / Infiniti of ardmore inc

INFINITI OF ARDMORE INC

Date Approved

04/02/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

INFINITI OF ARDMORE INC

Borrower Address

306 W Lancaster Ave

Borrower City

Ardmore

Borrower State

PA

Borrower Zip

19003-1216

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

523232.00

Current Approval Amount

523232.00

Undisbursed Amount

0.00

Franchise Name

Infiniti Dealer Sales and Service Agreement

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ardmore

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19003-1216

CD

PA-05

Jobs Reported

47

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

523230.00

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

Subchapter S Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

526099.02

Forgiveness Date

10/27/2021

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