PPP Loan information for Jerry ackerman motor company inc.

$864,300

Jerry ackerman motor company inc. was initially approved for PPP Loan of amount $864,300, the current approved amount is $864,300. The loan was approved on 02/25/2021 by The Peoples Bank & Trust reported 63 jobs and $864,300 was used to fund payroll.

Jerry ackerman motor company inc. is Existing or more than 2 years old

PPP Loan Search / MO / Saint Louis / Jerry ackerman motor company inc.

JERRY ACKERMAN MOTOR COMPANY INC.

Date Approved

02/25/2021

SBA Office Code

0768

Processing Method

PPS

Borrower Name

JERRY ACKERMAN MOTOR COMPANY INC.

Borrower Address

2020 Hampton Ave

Borrower City

Saint Louis

Borrower State

MO

Borrower Zip

63139-2934

Loan Status Date

09/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

864300.00

Current Approval Amount

864300.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

22272

Servicing Lender Name

Peoples Bank & Trust

Servicing Lender Address

200 S Locust St

Servicing Lender City

PANA

Servicing Lender State

IL

Servicing Lender Zip

62557-1606

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Louis

Project County Name

SAINT LOUIS CITY

Project State

MO

Project Zip

63139-2934

CD

MO-01

Jobs Reported

63

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

864298.00

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

22272

Originating Lender

Peoples Bank & Trust

Originating Lender City

PANA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

877015.87

Forgiveness Date

08/25/2022

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