Southlake Motors, Inc.
$402,924 PPP Loan in Merrillville, Indiana
Loan Details
- Loan Number
- 1282377100
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $402,924
- Current Approval
- $402,924
- Forgiveness Amount
- $406,807
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southlake Motors, Inc.
- Address
- 4191 E. Lincoln Highway 0.0
- City
- Merrillville
- State
- Indiana
- ZIP Code
- 46410-5813
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 35
- Estimated Revenue
- $8.8M
- Rural/Urban
- Urban
- Congressional District
- IN-01
Loan Use Breakdown
- Payroll
- $322,442
- Rent
- $40,000
- Utilities
- $10,000
- Health Care
- $10,482
- Debt Interest
- $20,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Merrillville, IN
| Business | Approved | |
|---|---|---|
| Tradebe Capital Corporation | $10,000,000 |  AI Deep Dive |
| Southlake Community Mental Health Center, Inc. | $5,171,047 | AI Deep Dive |
| Albanese Confectionery Group, Inc. | $5,098,500 | AI Deep Dive |
| Southlake/ Tri-City Management Corp | $3,900,702 | AI Deep Dive |
| Chicago Decking INC | $2,744,300 | AI Deep Dive |
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