PPP Loan information for Paul huering motors inc

$392,200

Paul huering motors inc was initially approved for PPP Loan of amount $392,200, the current approved amount is $392,200. The loan was approved on 04/06/2020 by The Peoples Bank reported 35 jobs and $392,200 was used to fund payroll.

Paul huering motors inc is Existing or more than 2 years old

PAUL HUERING MOTORS INC

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PAUL HUERING MOTORS INC

Borrower Address

720 N Hobart Road

Borrower City

HOBART

Borrower State

IN

Borrower Zip

46342-2446

Loan Status Date

04/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

392200.00

Current Approval Amount

392200.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

81983

Servicing Lender Name

Peoples Bank

Servicing Lender Address

9204 Columbia Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOBART

Project County Name

LAKE

Project State

IN

Project Zip

46342-2446

CD

IN-01

Jobs Reported

35

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

392200.00

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

81983

Originating Lender

Peoples Bank

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

395735.17

Forgiveness Date

03/10/2021

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