NewBizBot
Try for Free

Eddie Gilstrap Motors, Inc.

$686,100 PPP Loan in Salem, Indiana

Loan Details

Loan Number
1578077103
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$686,100
Current Approval
$588,500
Forgiveness Amount
$593,061
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Eddie Gilstrap Motors, Inc.
Address
207 S. Main Street
City
Salem
State
Indiana
ZIP Code
47167-1319
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
64
Estimated Revenue
$16.1M
Rural/Urban
Rural
Congressional District
IN-09

Loan Use Breakdown

Payroll
$547,915
Rent
$1,200
Utilities
$15,196
Health Care
$21,263
Mortgage Interest
$2,926

Lender Information

Servicing Lender
First Savings Bank
Originating Lender
First Savings Bank

Other PPP Loans in Salem, IN

BusinessApproved
John Jones Salem Dealerships, INC$1,020,256NewBizBotResearch
Temple & Temple Excavating & Paving, INC$657,700NewBizBotResearch
Peerless Gear, LLC$566,000NewBizBotResearch
Stingel Enterprises, INC$233,715NewBizBotResearch
T&t Pipe Renovations LLC$182,700NewBizBotResearch

Want to research this company further?

Try NewBizBot free