O'daniel Motor Sales INC
$1,642,400 PPP Loan in Fort Wayne, Indiana
Loan Details
- Loan Number
- 1307977100
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,642,400
- Current Approval
- $1,642,400
- Forgiveness Amount
- $1,653,064
- Forgiveness Date
- Dec 9, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- O'daniel Motor Sales INC
- Address
- 5611 Illinois Rd
- City
- Fort Wayne
- State
- Indiana
- ZIP Code
- 46804-1153
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Chrysler - Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 114
- Estimated Revenue
- $28.7M
- Rural/Urban
- Urban
- Congressional District
- IN-03
Loan Use Breakdown
- Payroll
- $823,655
- Rent
- $147,000
- Utilities
- $27,500
- Health Care
- $644,245
Lender Information
- Servicing Lender
- Star Financial Bank
- Originating Lender
- Star Financial Bank
Other PPP Loans in Fort Wayne, IN
| Business | Approved | |
|---|---|---|
| Pro Resources, Inc. | $9,614,000 | |
| Rea Magnet Wire Company, Inc. | $9,282,870 | |
| Ducharme, Mcmillen & Associates, Inc. | $8,084,500 | |
| Ash Brokerage, LLC | $7,152,227 | |
| Weigand Construction Co INC | $6,992,500 |
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