Lochmandy Motor Sales INC
$1,607,592 PPP Loan in Elkhart, Indiana
Loan Details
- Loan Number
- 9516057000
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,607,592
- Current Approval
- $1,607,592
- Forgiveness Amount
- $1,623,128
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lochmandy Motor Sales INC
- Address
- 920 N Napanee St 0.0
- City
- Elkhart
- State
- Indiana
- ZIP Code
- 46514-1248
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 105
- Estimated Revenue
- $26.5M
- Rural/Urban
- Urban
- Congressional District
- IN-02
Loan Use Breakdown
- Payroll
- $1,363,134
- Rent
- $118,683
- Utilities
- $43,025
- Health Care
- $82,750
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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