PPP Loan information for Kokomo auto world inc.

$618,096

Kokomo auto world inc. was initially approved for PPP Loan of amount $618,096, the current approved amount is $618,096. The loan was approved on 03/26/2021 by The Community First Bank of Indiana reported 50 jobs and $618,096 was used to fund payroll.

Kokomo auto world inc. is Existing or more than 2 years old

KOKOMO AUTO WORLD INC.

Date Approved

03/26/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

KOKOMO AUTO WORLD INC.

Borrower Address

3813 S Lafountain St

Borrower City

Kokomo

Borrower State

IN

Borrower Zip

46902-3819

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

618096.00

Current Approval Amount

618096.00

Undisbursed Amount

0.00

Franchise Name

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

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kokomo

Project County Name

HOWARD

Project State

IN

Project Zip

46902-3819

CD

IN-05

Jobs Reported

50

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

618092.00

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

317699

Originating Lender

Community First Bank of Indiana

Originating Lender City

KOKOMO

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

622109.39

Forgiveness Date

12/14/2021

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