PPP Loan information for Wilmington auto sales & service, inc

$259,200

Wilmington auto sales & service, inc was initially approved for PPP Loan of amount $259,200, the current approved amount is $259,200. The loan was approved on 04/07/2020 by The Peoples Bank reported 26 jobs and $259,200 was used to fund payroll.

Wilmington auto sales & service, inc is Existing or more than 2 years old

WILMINGTON AUTO SALES & SERVICE, INC

Date Approved

04/07/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

WILMINGTON AUTO SALES & SERVICE, INC

Borrower Address

1780 ROMBACH AVE

Borrower City

WILMINGTON

Borrower State

OH

Borrower Zip

45177-2079

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

259200.00

Current Approval Amount

259200.00

Undisbursed Amount

0.00

Franchise Name

Dodge - Sales and Service Agreement

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

CLINTON

Project State

OH

Project Zip

45177-2079

CD

OH-02

Jobs Reported

26

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

194400.00

Mortgage Interest Proceed

0.00

Rent Proceed

64800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

260877.60

Forgiveness Date

12/15/2020

;