PPP Loan information for Stark automotive, inc.

$1,194,157

Stark automotive, inc. was initially approved for PPP Loan of amount $1,194,157, the current approved amount is $1,194,157. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 109 jobs and $1,194,157 was used to fund payroll.

Stark automotive, inc. is Existing or more than 2 years old

STARK AUTOMOTIVE, INC.

Date Approved

04/09/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

STARK AUTOMOTIVE, INC.

Borrower Address

4610 South IH 35 0.0

Borrower City

Austin

Borrower State

TX

Borrower Zip

78745-2026

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1194157.00

Current Approval Amount

1194157.00

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

Austin

Project County Name

TRAVIS

Project State

TX

Project Zip

78745-2026

CD

TX-35

Jobs Reported

109

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

41000.00

Payroll Proceed

998157.00

Mortgage Interest Proceed

0.00

Rent Proceed

115000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1208200.29

Forgiveness Date

06/16/2021

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