Stoops Automotive Group
$895,000 PPP Loan in Muncie, Indiana
Loan Details
- Loan Number
- 2465507110
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $895,000
- Current Approval
- $895,000
- Forgiveness Amount
- $905,111
- Forgiveness Date
- Jun 3, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Stoops Automotive Group
- Address
- 4055 W. Clara Ln 0.0
- City
- Muncie
- State
- Indiana
- ZIP Code
- 47304-5414
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 69
- Estimated Revenue
- $17.4M
- Rural/Urban
- Urban
- Congressional District
- IN-05
Loan Use Breakdown
- Payroll
- $803,000
- Rent
- $53,000
- Utilities
- $14,000
- Health Care
- $25,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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