PPP Loan information for Ada nissan inc.

$372,007

Ada nissan inc. was initially approved for PPP Loan of amount $372,007, the current approved amount is $372,007. The loan was approved on 04/07/2020 by The First National Bank and Trust Company of Ardmore reported 38 jobs and $372,007 was used to fund payroll.

Ada nissan inc. is Existing or more than 2 years old

ADA NISSAN INC.

Date Approved

04/07/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

ADA NISSAN INC.

Borrower Address

420 Lonnie Abbott Blvd

Borrower City

ADA

Borrower State

OK

Borrower Zip

74820

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

372007.00

Current Approval Amount

372007.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58745

Servicing Lender Name

First National Bank and Trust Company of Ardmore

Servicing Lender Address

405 W Main St

Servicing Lender City

ARDMORE

Servicing Lender State

OK

Servicing Lender Zip

73401-4737

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ADA

Project County Name

PONTOTOC

Project State

OK

Project Zip

74820-0001

CD

OK-04

Jobs Reported

38

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

37200.70

Payroll Proceed

334806.30

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

58745

Originating Lender

First National Bank and Trust Company of Ardmore

Originating Lender City

ARDMORE

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

374442.88

Forgiveness Date

12/10/2020

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