Dorsett Auto Sales INC

$827,300 PPP Loan in Terre Haute, Indiana

Loan Details

Loan Number
3612587107
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$827,300
Current Approval
$827,300
Forgiveness Amount
$837,296
Forgiveness Date
Jul 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dorsett Auto Sales INC
Address
105 W. Mayfair Dr
State
Indiana
ZIP Code
47802-4487
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Nissan North America, Inc. - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
74
Estimated Revenue
$18.6M
Rural/Urban
Urban
Congressional District
IN-08

Loan Use Breakdown

Payroll
$827,300

Lender Information

Servicing Lender
Old National Bank
Originating Lender
Old National Bank

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