Date Approved
04/07/2020
SBA Office Code
0562
Processing Method
PPP
Borrower Name
SAUERS MOTORS, INC.
Borrower Address
1900 E Lincolnway
Borrower City
LA PORTE
Borrower State
IN
Borrower Zip
46350-3992
Loan Status Date
04/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
449287.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
23955
Servicing Lender Name
Horizon Bank
Servicing Lender Address
515 Franklin Sq
Servicing Lender City
MICHIGAN CITY
Servicing Lender State
Servicing Lender Zip
46360-3328
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
IN-02
Jobs Reported
48
NAICS Code
441110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
44928.70
Payroll Proceed
359429.60
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
453521.38
Forgiveness Date
03/25/2021