John Jones Salem Dealerships, INC

$1,020,256 PPP Loan in Salem, Indiana

Loan Details

Loan Number
3103007110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,020,256
Current Approval
$1,020,256
Forgiveness Amount
$1,028,027
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
John Jones Salem Dealerships, INC
Address
1450 South State Rd 60
City
Salem
State
Indiana
ZIP Code
47167-7500
Business Type
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
103
Estimated Revenue
$26.0M
Rural/Urban
Rural
Congressional District
IN-09

Loan Use Breakdown

Payroll
$1,020,256

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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