PPP Loan information for Ja motorcars inc.

$1,718,634

Ja motorcars inc. was initially approved for PPP Loan of amount $1,718,634, the current approved amount is $1,718,634. The loan was approved on 04/29/2020 by The Sandy Spring Bank reported 163 jobs and $1,718,634 was used to fund payroll.

Ja motorcars inc. is Change of Ownership

PPP Loan Search / MD / CLARKSVILLE / Ja motorcars inc.

JA MOTORCARS INC.

Date Approved

04/29/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

JA MOTORCARS INC.

Borrower Address

12420 Auto Dr

Borrower City

CLARKSVILLE

Borrower State

MD

Borrower Zip

21029

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1718634.00

Current Approval Amount

1718634.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Change of Ownership

Project City

CLARKSVILLE

Project County Name

HOWARD

Project State

MD

Project Zip

21029-0001

CD

MD-03

Jobs Reported

163

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1718634.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1740905.61

Forgiveness Date

08/30/2021

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