AUTO CITY INC. (IN) - 2020 PPP Loan Borrower Profile (# 6726028602)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUTO CITY INC.. 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 Indiana.

Loan Detail

Loan Number

6726028602

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$20,357

Date Loan was Approved

Mar 23, 2021

Amount Forgiven

$20,551.52

Date Loan was Forgiven

Mar 10, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

20,356

Lender

Fifth Third Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

811111

Borrower Location

Carmel, IN

Project Location

Carmel, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.