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Gagnon Motors INC

$53,800 PPP Loan in Akron, Indiana

Loan Details

Loan Number
9301667009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$53,800
Current Approval
$53,800
Forgiveness Amount
$54,325
Forgiveness Date
Apr 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gagnon Motors INC
Address
210 W Rochester St
City
Akron
State
Indiana
ZIP Code
46910-9275
Business Type
Cooperative
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IN-02

Loan Use Breakdown

Payroll
$50,817
Rent
$2,000
Utilities
$983

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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