PPP Loan information for Jimmy michel motors, inc

$479,900

Jimmy michel motors, inc was initially approved for PPP Loan of amount $479,900, the current approved amount is $479,900. The loan was approved on 04/06/2020 by The OMB Bank reported 42 jobs and $479,900 was used to fund payroll.

Jimmy michel motors, inc is Existing or more than 2 years old

JIMMY MICHEL MOTORS, INC

Date Approved

04/06/2020

SBA Office Code

0721

Processing Method

PPP

Borrower Name

JIMMY MICHEL MOTORS, INC

Borrower Address

555 ELLIOTT AVE

Borrower City

AURORA

Borrower State

MO

Borrower Zip

65605-2205

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

479900.00

Current Approval Amount

479900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40110

Servicing Lender Name

OMB Bank

Servicing Lender Address

3570 S National

Servicing Lender City

SPRINGFIELD

Servicing Lender State

MO

Servicing Lender Zip

65807-7338

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

LAWRENCE

Project State

MO

Project Zip

65605-2205

CD

MO-07

Jobs Reported

42

NAICS Code

423110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

59987.50

Payroll Proceed

359925.00

Mortgage Interest Proceed

59987.50

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

40110

Originating Lender

OMB Bank

Originating Lender City

SPRINGFIELD

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

483165.99

Forgiveness Date

12/15/2020

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