PPP Loan information for Team motor sales inc

$495,000

Team motor sales inc was initially approved for PPP Loan of amount $495,000, the current approved amount is $495,000. The loan was approved on 04/09/2020 by The First National Bank of Pennsylvania reported 44 jobs and $495,000 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

04/09/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

TEAM MOTOR SALES INC

Borrower Address

1215 SCALP AVE

Borrower City

JOHNSTOWN

Borrower State

PA

Borrower Zip

15904-3150

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

495000.00

Current Approval Amount

495000.00

Undisbursed Amount

0.00

Franchise Name

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

44

NAICS Code

561499

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

495000.00

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

501077.50

Forgiveness Date

07/13/2021

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