AUCTION NATION LLC (AZ) - 2020 PPP Loan Borrower Profile (# 4378827102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUCTION NATION LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Arizona.

Loan Detail

Loan Number

4378827102

SBA Office Code

0988

Processing Method

PPP

Curent Loan Amount

$620,030

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$549,994.86

Date Loan was Forgiven

May 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

15,000

Payroll Proced

560,030

Mortgage Interest Proceed

Rent Proceed

30,000

Refinance EIDL Proceed

Health Care Proceed

15,000

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Sole Proprietorship

NAICS

454110

Borrower Location

PHOENIX, AZ

Project Location

PHOENIX, AZ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.