PPP Loan information for Patel brothers auto services, inc.

$95,885

Patel brothers auto services, inc. was initially approved for PPP Loan of amount $95,885, the current approved amount is $95,885. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 12 jobs and $95,885 was used to fund payroll.

Patel brothers auto services, inc. is Existing or more than 2 years old

PATEL BROTHERS AUTO SERVICES, INC.

Date Approved

05/01/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PATEL BROTHERS AUTO SERVICES, INC.

Borrower Address

747 W 65TH AVE

Borrower City

SCHERERVILLE

Borrower State

IN

Borrower Zip

46375

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95885.00

Current Approval Amount

95885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHERERVILLE

Project County Name

LAKE

Project State

IN

Project Zip

46375-0001

CD

IN-01

Jobs Reported

12

NAICS Code

423120

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

95885.00

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

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

96845.55

Forgiveness Date

05/05/2021

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