PPP Loan information for Sellers automotive inc.

$1,544,300

Sellers automotive inc. was initially approved for PPP Loan of amount $1,544,300, the current approved amount is $1,544,300. The loan was approved on 04/15/2020 by The First Merchants Bank reported 120 jobs and $1,544,300 was used to fund payroll.

Sellers automotive inc. is New Business or 2 years or less

PPP Loan Search / MI / Farmington / Sellers automotive inc.

SELLERS AUTOMOTIVE INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SELLERS AUTOMOTIVE INC.

Borrower Address

38000 Grand River Ave

Borrower City

Farmington

Borrower State

MI

Borrower Zip

48335-1508

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1544300.00

Current Approval Amount

1544300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Farmington

Project County Name

OAKLAND

Project State

MI

Project Zip

48335-1508

CD

MI-11

Jobs Reported

120

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1544300.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1561816.17

Forgiveness Date

06/11/2021

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