PPP Loan information for Jim olson motors, llc

$480,000

Jim olson motors, llc was initially approved for PPP Loan of amount $480,000, the current approved amount is $480,000. The loan was approved on 04/14/2020 by The Nicolet National Bank reported 54 jobs and $480,000 was used to fund payroll.

Jim olson motors, llc is Existing or more than 2 years old

JIM OLSON MOTORS, LLC

Date Approved

04/14/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

JIM OLSON MOTORS, LLC

Borrower Address

632 GREEN BAY RD

Borrower City

STURGEON BAY

Borrower State

WI

Borrower Zip

54235-3039

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

480000.00

Current Approval Amount

480000.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

203327

Servicing Lender Name

Nicolet National Bank

Servicing Lender Address

111 N Washington St

Servicing Lender City

GREEN BAY

Servicing Lender State

WI

Servicing Lender Zip

54301-4255

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STURGEON BAY

Project County Name

DOOR

Project State

WI

Project Zip

54235-3039

CD

WI-08

Jobs Reported

54

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

38322.00

Payroll Proceed

384678.00

Mortgage Interest Proceed

7000.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

203327

Originating Lender

Nicolet National Bank

Originating Lender City

GREEN BAY

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

483560.00

Forgiveness Date

01/20/2021

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