PPP Loan information for Sands motor company

$3,039,810

Sands motor company was initially approved for PPP Loan of amount $3,039,810, the current approved amount is $3,039,810. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 248 jobs and $3,039,810 was used to fund payroll.

Sands motor company is Existing or more than 2 years old

PPP Loan Search / AZ / Glendale / Sands motor company

SANDS MOTOR COMPANY

Date Approved

04/10/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

SANDS MOTOR COMPANY

Borrower Address

5418 NW Grand Ave 0.0

Borrower City

Glendale

Borrower State

AZ

Borrower Zip

85301-4501

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3039810.00

Current Approval Amount

3039810.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Glendale

Project County Name

MARICOPA

Project State

AZ

Project Zip

85301-4501

CD

AZ-03

Jobs Reported

248

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

60000.00

Payroll Proceed

2734665.00

Mortgage Interest Proceed

0.00

Rent Proceed

89394.00

Refinance EIDL Proceed

0.00

Health Care Proceed

84704.00

Debt Interest Proceed

71047

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3080688.69

Forgiveness Date

08/18/2021

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