Sauers Motors INC
$449,285 PPP Loan in Laporte, Indiana
Loan Details
- Loan Number
- 3084878810
- Date Approved
- Apr 14, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $449,285
- Current Approval
- $449,285
- Forgiveness Amount
- $452,522
- Forgiveness Date
- Jan 4, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Sauers Motors INC
- Address
- 1900 E Lincolnway
- City
- Laporte
- State
- Indiana
- ZIP Code
- 46350-3992
- 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
- 48
- Estimated Revenue
- $12.1M
- Rural/Urban
- Rural
- Congressional District
- IN-02
Loan Use Breakdown
- Payroll
- $449,282
- Utilities
- $1
Lender Information
- Servicing Lender
- Horizon Bank
- Originating Lender
- Horizon Bank
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