Automotive Color & Supply Corp

$574,500 PPP Loan in Fort Wayne, Indiana

Loan Details

Loan Number
5041107010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$574,500
Current Approval
$574,500
Forgiveness Amount
$579,208
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Automotive Color & Supply Corp
Address
1902 S. Calhoun St
State
Indiana
ZIP Code
46802-5206
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424950)
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$18.0M
Rural/Urban
Urban
Congressional District
IN-03

Loan Use Breakdown

Payroll
$425,000
Rent
$50,000
Utilities
$30,000
Health Care
$30,000
Debt Interest
$39,500

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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