PPP Loan information for Smith motors of lowell, inc.

$295,182

Smith motors of lowell, inc. was initially approved for PPP Loan of amount $295,182, the current approved amount is $295,182. The loan was approved on 04/10/2020 by The Ally Bank reported 26 jobs and $295,182 was used to fund payroll.

Smith motors of lowell, inc. is Existing or more than 2 years old

PPP Loan Search / IN / LOWELL / Smith motors of lowell, inc.

SMITH MOTORS OF LOWELL, INC.

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SMITH MOTORS OF LOWELL, INC.

Borrower Address

700 W COMMERCIAL AVE

Borrower City

LOWELL

Borrower State

IN

Borrower Zip

46356-2249

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

295182.00

Current Approval Amount

295182.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

LAKE

Project State

IN

Project Zip

46356-2249

CD

IN-01

Jobs Reported

26

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

295182.00

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

Subchapter S Corporation

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

297445.06

Forgiveness Date

01/20/2021

;