PPP Loan information for Neal automotive inc

$37,745

Neal automotive inc was initially approved for PPP Loan of amount $37,745, the current approved amount is $37,745. The loan was approved on 04/28/2020 by The First Merchants Bank reported 4 jobs and $37,745 was used to fund payroll.

Neal automotive inc is New Business or 2 years or less

NEAL AUTOMOTIVE INC

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

NEAL AUTOMOTIVE INC

Borrower Address

5985 Memory Lane

Borrower City

Greenfield

Borrower State

IN

Borrower Zip

46140-0210

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37745.00

Current Approval Amount

37745.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Greenfield

Project County Name

HANCOCK

Project State

IN

Project Zip

46140-0001

CD

IN-06

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37745.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38135.89

Forgiveness Date

05/18/2021

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