PPP Loan information for Jt motor cars inc.

$837,012

Jt motor cars inc. was initially approved for PPP Loan of amount $837,012, the current approved amount is $837,012. The loan was approved on 01/30/2021 by The Loan Source Incorporated reported 79 jobs and $837,012 was used to fund payroll.

Jt motor cars inc. is Existing or more than 2 years old

PPP Loan Search / OH / Warren / Jt motor cars inc.

JT MOTOR CARS INC.

Date Approved

01/30/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

JT MOTOR CARS INC.

Borrower Address

2657 Niles Cortland Rd SE

Borrower City

Warren

Borrower State

OH

Borrower Zip

44484-3865

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

837012.00

Current Approval Amount

837012.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

TRUMBULL

Project State

OH

Project Zip

44484-3865

CD

OH-14

Jobs Reported

79

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

837009.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

843937.41

Forgiveness Date

12/09/2021

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