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Jim's Auto Sales INC

$286,900 PPP Loan in Auburn, Maine

Loan Details

Loan Number
5181387004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$286,900
Current Approval
$286,900
Forgiveness Amount
$288,645
Forgiveness Date
Nov 13, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Jim's Auto Sales INC
Address
1097 Center Street
City
Auburn
State
Maine
ZIP Code
04210-6446
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$6.0M
Rural/Urban
Rural
Congressional District
ME-02

Loan Use Breakdown

Payroll
$268,450
Rent
$10,950
Utilities
$7,500

Lender Information

Servicing Lender
Maine Community Bank
Originating Lender
Maine Community Bank

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