PPP Loan information for New albany motor co., inc.

$1,136,600

New albany motor co., inc. was initially approved for PPP Loan of amount $1,245,500, the current approved amount is $1,136,600. The loan was approved on 04/08/2020 by The First Savings Bank reported 107 jobs and $1,136,600 was used to fund payroll.

New albany motor co., inc. is Existing or more than 2 years old

PPP Loan Search / IN / CLARKSVILLE / New albany motor co., inc.

NEW ALBANY MOTOR CO., INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

NEW ALBANY MOTOR CO., INC.

Borrower Address

1801 BROADWAY ST

Borrower City

CLARKSVILLE

Borrower State

IN

Borrower Zip

47129-7761

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1245500.00

Current Approval Amount

1136600.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

85120

Servicing Lender Name

First Savings Bank

Servicing Lender Address

702 N. Shore Dr. #300

Servicing Lender City

Jeffersonville

Servicing Lender State

IN

Servicing Lender Zip

47130

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLARKSVILLE

Project County Name

CLARK

Project State

IN

Project Zip

47129-7761

CD

IN-09

Jobs Reported

107

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1136600.00

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

85120

Originating Lender

First Savings Bank

Originating Lender City

Jeffersonville

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1150365.49

Forgiveness Date

07/15/2021

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