PPP Loan information for O'daniel motor sales inc

$1,642,400

O'daniel motor sales inc was initially approved for PPP Loan of amount $1,642,400, the current approved amount is $1,642,400. The loan was approved on 04/10/2020 by The STAR Financial Bank reported 114 jobs and $1,642,400 was used to fund payroll.

O'daniel motor sales inc is Existing or more than 2 years old

PPP Loan Search / IN / FORT WAYNE / O'daniel motor sales inc

O'DANIEL MOTOR SALES INC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

O'DANIEL MOTOR SALES INC

Borrower Address

5611 Illinois Rd

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46804-1153

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1642400.00

Current Approval Amount

1642400.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

24398

Servicing Lender Name

STAR Financial Bank

Servicing Lender Address

127 W Berry St

Servicing Lender City

FORT WAYNE

Servicing Lender State

IN

Servicing Lender Zip

46802-2315

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT WAYNE

Project County Name

ALLEN

Project State

IN

Project Zip

46804-1153

CD

IN-03

Jobs Reported

114

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

27500.00

Payroll Proceed

823655.00

Mortgage Interest Proceed

0.00

Rent Proceed

147000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

644245.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24398

Originating Lender

STAR Financial Bank

Originating Lender City

FORT WAYNE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1653064.35

Forgiveness Date

12/09/2020

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