PPP Loan information for Sames automotive inc

$557,900

Sames automotive inc was initially approved for PPP Loan of amount $557,900, the current approved amount is $557,900. The loan was approved on 04/08/2020 by The International Bank of Commerce reported 49 jobs and $557,900 was used to fund payroll.

Sames automotive inc is Existing or more than 2 years old

SAMES AUTOMOTIVE INC

Date Approved

04/08/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

SAMES AUTOMOTIVE INC

Borrower Address

6310 BOB BULLOCK LOOP

Borrower City

LAREDO

Borrower State

TX

Borrower Zip

78041-2025

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

557900.00

Current Approval Amount

557900.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

70700

Servicing Lender Name

International Bank of Commerce

Servicing Lender Address

1200 San Bernardo Ave

Servicing Lender City

LAREDO

Servicing Lender State

TX

Servicing Lender Zip

78040-6301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAREDO

Project County Name

WEBB

Project State

TX

Project Zip

78041-2025

CD

TX-28

Jobs Reported

49

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

557900.00

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

70700

Originating Lender

International Bank of Commerce

Originating Lender City

LAREDO

Originating Lender State

TX

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

562595.66

Forgiveness Date

02/16/2021

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