AUTO MART, INC. (IN) - 2020 PPP Loan Borrower Profile (# 9546197008)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AUTO MART, 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
9546197008
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$356,750
Date Loan was Approved
Apr 9, 2020
Amount Forgiven
$360,187.88
Date Loan was Forgiven
Mar 31, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
6,352
Payroll Proced
270,656
Mortgage Interest Proceed
0
Rent Proceed
50,000
Refinance EIDL Proceed
0
Health Care Proceed
14,742
Debt Interest Proceed
15,000
Lender
JPMorgan Chase Bank, National Association
Business Detail
Business Type
Subchapter S Corporation
NAICS
441110
Borrower Location
Highland, IN
Project Location
Highland, IN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
37
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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