PPP Loan information for Portage car and truck sales inc

$47,970

Portage car and truck sales inc was initially approved for PPP Loan of amount $47,970, the current approved amount is $47,970. The loan was approved on 04/13/2020 by The The Park National Bank reported 4 jobs and $47,970 was used to fund payroll.

Portage car and truck sales inc is Existing or more than 2 years old

PORTAGE CAR AND TRUCK SALES INC

Date Approved

04/13/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PORTAGE CAR AND TRUCK SALES INC

Borrower Address

2271 E WATERLOO RD

Borrower City

AKRON

Borrower State

OH

Borrower Zip

44312-3852

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47970.00

Current Approval Amount

47970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AKRON

Project County Name

SUMMIT

Project State

OH

Project Zip

44312-3852

CD

OH-13

Jobs Reported

4

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1925.00

Payroll Proceed

36001.00

Mortgage Interest Proceed

0.00

Rent Proceed

5200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2896.00

Debt Interest Proceed

1948

Business Type

Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48270.96

Forgiveness Date

12/15/2020

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