PPP Loan information for John jones salem dealerships, inc

$1,020,256

John jones salem dealerships, inc was initially approved for PPP Loan of amount $1,020,256, the current approved amount is $1,020,256. The loan was approved on 04/11/2020 by The The Huntington National Bank reported 103 jobs and $1,020,256 was used to fund payroll.

John jones salem dealerships, inc is Existing or more than 2 years old

PPP Loan Search / IN / SALEM / John jones salem dealerships, inc

JOHN JONES SALEM DEALERSHIPS, INC

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

JOHN JONES SALEM DEALERSHIPS, INC

Borrower Address

1450 SOUTH STATE RD 60

Borrower City

SALEM

Borrower State

IN

Borrower Zip

47167-7500

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1020256.00

Current Approval Amount

1020256.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

WASHINGTON

Project State

IN

Project Zip

47167-7500

CD

IN-09

Jobs Reported

103

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1020256.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1028026.72

Forgiveness Date

02/02/2021

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