PPP Loan information for Sames motor company, inc.

$1,561,000

Sames motor company, inc. was initially approved for PPP Loan of amount $1,561,000, the current approved amount is $1,561,000. The loan was approved on 04/08/2020 by The International Bank of Commerce reported 154 jobs and $1,561,000 was used to fund payroll.

Sames motor company, inc. is Existing or more than 2 years old

SAMES MOTOR COMPANY, INC.

Date Approved

04/08/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

SAMES MOTOR COMPANY, INC.

Borrower Address

6001 San Dario

Borrower City

LAREDO

Borrower State

TX

Borrower Zip

78040

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1561000.00

Current Approval Amount

1561000.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company 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

78040-0001

CD

TX-28

Jobs Reported

154

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1561000.00

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

70700

Originating Lender

International Bank of Commerce

Originating Lender City

LAREDO

Originating Lender State

TX

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1574095.06

Forgiveness Date

02/16/2021

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