PPP Loan information for Stoops automotive group

$895,000

Stoops automotive group was initially approved for PPP Loan of amount $895,000, the current approved amount is $895,000. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 69 jobs and $895,000 was used to fund payroll.

Stoops automotive group is Existing or more than 2 years old

STOOPS AUTOMOTIVE GROUP

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

STOOPS AUTOMOTIVE GROUP

Borrower Address

4055 W. Clara LN 0.0

Borrower City

Muncie

Borrower State

IN

Borrower Zip

47304-5414

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

895000.00

Current Approval Amount

895000.00

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

Muncie

Project County Name

DELAWARE

Project State

IN

Project Zip

47304-5414

CD

IN-05

Jobs Reported

69

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14000.00

Payroll Proceed

803000.00

Mortgage Interest Proceed

0.00

Rent Proceed

53000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25000.00

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

905111.01

Forgiveness Date

06/03/2021

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