PPP Loan information for Davis-moore automotive, inc

$1,228,800

Davis-moore automotive, inc was initially approved for PPP Loan of amount $1,228,800, the current approved amount is $1,228,800. The loan was approved on 04/06/2020 by The Commerce Bank reported 102 jobs and $1,228,800 was used to fund payroll.

Davis-moore automotive, inc is Existing or more than 2 years old

DAVIS-MOORE AUTOMOTIVE, INC

Date Approved

04/06/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

DAVIS-MOORE AUTOMOTIVE, INC

Borrower Address

7675 E Kellogg

Borrower City

WICHITA

Borrower State

KS

Borrower Zip

67207

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1228800.00

Current Approval Amount

1228800.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WICHITA

Project County Name

SEDGWICK

Project State

KS

Project Zip

67207-1001

CD

KS-04

Jobs Reported

102

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

245760.00

Payroll Proceed

921600.00

Mortgage Interest Proceed

61440.00

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1243716.27

Forgiveness Date

06/28/2021

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