Smith Motors of Lowell, Inc.
$295,182 PPP Loan in Lowell, Indiana
Loan Details
- Loan Number
- 2257447100
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $295,182
- Current Approval
- $295,182
- Forgiveness Amount
- $297,445
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Smith Motors of Lowell, Inc.
- Address
- 700 W Commercial Ave
- City
- Lowell
- State
- Indiana
- ZIP Code
- 46356-2249
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 26
- Estimated Revenue
- $6.6M
- Rural/Urban
- Urban
- Congressional District
- IN-01
Loan Use Breakdown
- Payroll
- $295,182
Lender Information
- Servicing Lender
- Ally Bank
- Originating Lender
- Ally Bank
Other PPP Loans in Lowell, IN
| Business | Approved | |
|---|---|---|
| Saco Industries, Inc. | $1,388,691 |  Research |
| C & S Concrete Construction, Inc. | $587,500 | Research |
| Hardings, Inc. | $362,000 | Research |
| Jr's Custom Cabinets, Co. | $331,000 | Research |
| Superior Engine Service, Inc. | $325,750 | Research |
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