PPP Loan information for Jw motors, inc.

$418,700

Jw motors, inc. was initially approved for PPP Loan of amount $418,700, the current approved amount is $418,700. The loan was approved on 04/09/2020 by The Premier Bank reported 38 jobs and $418,700 was used to fund payroll.

Jw motors, inc. is Existing or more than 2 years old

JW MOTORS, INC.

Date Approved

04/09/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

JW MOTORS, INC.

Borrower Address

1520 N HERMITAGE RD

Borrower City

HERMITAGE

Borrower State

PA

Borrower Zip

16148-3103

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

418700.00

Current Approval Amount

418700.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HERMITAGE

Project County Name

MERCER

Project State

PA

Project Zip

16148-3103

CD

PA-16

Jobs Reported

38

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

418700.00

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

Subchapter S Corporation

Originating Lender Location Id

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

423235.92

Forgiveness Date

05/13/2021

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