New Albany Motor Co., Inc.

$1,245,500 PPP Loan in Clarksville, Indiana

Loan Details

Loan Number
8563747004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,245,500
Current Approval
$1,136,600
Forgiveness Amount
$1,150,365
Forgiveness Date
Jul 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Albany Motor Co., Inc.
Address
1801 Broadway St
State
Indiana
ZIP Code
47129-7761
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
107
Estimated Revenue
$27.0M
Rural/Urban
Urban
Congressional District
IN-09

Loan Use Breakdown

Payroll
$1,136,600

Lender Information

Servicing Lender
First Savings Bank
Originating Lender
First Savings Bank

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