PPP Loan information for Southern motors clarkston, inc.

$60,060

Southern motors clarkston, inc. was initially approved for PPP Loan of amount $60,060, the current approved amount is $60,060. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 8 jobs and $60,060 was used to fund payroll.

Southern motors clarkston, inc. is Existing or more than 2 years old

PPP Loan Search / MI / CLARKSTON / Southern motors clarkston, inc.

SOUTHERN MOTORS CLARKSTON, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOUTHERN MOTORS CLARKSTON, INC.

Borrower Address

6605 DIXIE HWY

Borrower City

CLARKSTON

Borrower State

MI

Borrower Zip

48346

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60060.00

Current Approval Amount

60060.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARKSTON

Project County Name

OAKLAND

Project State

MI

Project Zip

48346-0001

CD

MI-09

Jobs Reported

8

NAICS Code

721199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5540.00

Payroll Proceed

45770.00

Mortgage Interest Proceed

0.00

Rent Proceed

8750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

61106.38

Forgiveness Date

02/01/2022

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