Kempthorn Motors INC

$1,150,000 PPP Loan in Canton, Ohio

Loan Details

Loan Number
9520597001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,150,000
Current Approval
$1,150,000
Forgiveness Amount
$1,164,714
Forgiveness Date
Jul 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kempthorn Motors INC
Address
1449 Cleveland Ave NW 0.0
City
Canton
State
Ohio
ZIP Code
44703-3138
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
92
Estimated Revenue
$23.2M
Rural/Urban
Urban
Congressional District
OH-13

Loan Use Breakdown

Payroll
$1,032,000
Utilities
$18,000
Health Care
$30,000
Mortgage Interest
$70,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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