PPP Loan information for Team motor sales inc.

$452,435

Team motor sales inc. was initially approved for PPP Loan of amount $452,435, the current approved amount is $452,435. The loan was approved on 03/09/2021 by The First National Bank of Pennsylvania reported 34 jobs and $452,435 was used to fund payroll.

Team motor sales inc. is Existing or more than 2 years old

PPP Loan Search / PA / Johnstown / Team motor sales inc.

TEAM MOTOR SALES INC.

Date Approved

03/09/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

TEAM MOTOR SALES INC.

Borrower Address

1215 Scalp Ave

Borrower City

Johnstown

Borrower State

PA

Borrower Zip

15904-3150

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

452435.00

Current Approval Amount

452435.00

Undisbursed Amount

0.00

Franchise Name

Kia Dealer Sales and Service Agreement

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Johnstown

Project County Name

CAMBRIA

Project State

PA

Project Zip

15904-3150

CD

PA-13

Jobs Reported

34

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

452432.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

455400.96

Forgiveness Date

11/09/2021

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