PPP Loan information for South tacoma auto sales inc.

$528,580

South tacoma auto sales inc. was initially approved for PPP Loan of amount $528,580, the current approved amount is $528,580. The loan was approved on 02/25/2021 by The Heritage Bank reported 43 jobs and $528,580 was used to fund payroll.

South tacoma auto sales inc. is Existing or more than 2 years old

SOUTH TACOMA AUTO SALES INC.

Date Approved

02/25/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

SOUTH TACOMA AUTO SALES INC.

Borrower Address

7838 South Tacoma Way

Borrower City

Tacoma

Borrower State

WA

Borrower Zip

98409-3837

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

528580.00

Current Approval Amount

528580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81191

Servicing Lender Name

Heritage Bank

Servicing Lender Address

201 5th Ave SW

Servicing Lender City

OLYMPIA

Servicing Lender State

WA

Servicing Lender Zip

98501-1063

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Tacoma

Project County Name

PIERCE

Project State

WA

Project Zip

98409-3837

CD

WA-06

Jobs Reported

43

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

528575.00

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

81191

Originating Lender

Heritage Bank

Originating Lender City

OLYMPIA

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

532779.68

Forgiveness Date

12/14/2021

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