PPP Loan information for Dorsett auto sales inc

$827,300

Dorsett auto sales inc was initially approved for PPP Loan of amount $827,300, the current approved amount is $827,300. The loan was approved on 04/11/2020 by The Old National Bank reported 74 jobs and $827,300 was used to fund payroll.

Dorsett auto sales inc is Existing or more than 2 years old

PPP Loan Search / IN / TERRE HAUTE / Dorsett auto sales inc

DORSETT AUTO SALES INC

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

DORSETT AUTO SALES INC

Borrower Address

105 W. MAYFAIR DR

Borrower City

TERRE HAUTE

Borrower State

IN

Borrower Zip

47802-4487

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

827300.00

Current Approval Amount

827300.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TERRE HAUTE

Project County Name

VIGO

Project State

IN

Project Zip

47802-4487

CD

IN-08

Jobs Reported

74

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

827300.00

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

Subchapter S Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

837295.60

Forgiveness Date

07/09/2021

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