PPP Loan information for Automotive group, inc.

$244,795

Automotive group, inc. was initially approved for PPP Loan of amount $244,795, the current approved amount is $244,795. The loan was approved on 04/27/2020 by The Community First Bank of Indiana reported 27 jobs and $244,795 was used to fund payroll.

Automotive group, inc. is Existing or more than 2 years old

AUTOMOTIVE GROUP, INC.

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

AUTOMOTIVE GROUP, INC.

Borrower Address

570 S Rangeline Road

Borrower City

CARMEL

Borrower State

IN

Borrower Zip

46032-2177

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

244795.00

Current Approval Amount

244795.00

Undisbursed Amount

0.00

Franchise Name

Midas

Servicing Lender Location Id

317699

Servicing Lender Name

Community First Bank of Indiana

Servicing Lender Address

201 W Sycamore St

Servicing Lender City

KOKOMO

Servicing Lender State

IN

Servicing Lender Zip

46901-4630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CARMEL

Project County Name

HAMILTON

Project State

IN

Project Zip

46032-2177

CD

IN-05

Jobs Reported

27

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

244795.00

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

Corporation

Originating Lender Location Id

317699

Originating Lender

Community First Bank of Indiana

Originating Lender City

KOKOMO

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

246318.17

Forgiveness Date

12/09/2020

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