Smith Motors INC of Hammond

$433,700 PPP Loan in Hammond, Indiana

Loan Details

Loan Number
8838677007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$433,700
Current Approval
$433,700
Forgiveness Amount
$436,956
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Smith Motors INC of Hammond
Address
6405 Indianapolis Blvd
State
Indiana
ZIP Code
46320-2830
Business Type
Subchapter S 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
40
Estimated Revenue
$10.1M
Rural/Urban
Urban
Congressional District
IN-01

Loan Use Breakdown

Payroll
$433,700

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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