BOB ROHRMAN MOTORS INC. (IN) - 2020 PPP Loan Borrower Profile (# 1598617107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BOB ROHRMAN MOTORS 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

1598617107

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$1,375,000

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$1,390,945.42

Date Loan was Forgiven

Jun 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

7,500

Payroll Proced

1,306,650

Mortgage Interest Proceed

Rent Proceed

42,500

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

18,350

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

441110

Borrower Location

Lafayette, IN

Project Location

Lafayette, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

140

Business Age Description

Existing or more than 2 years old

Data Source: SBA.