The website of John 3:16 Auto Sales in Loveland, Ohio provides customers with the contact information they need to schedule a service appointment or request more information about the auto dealership’s services. Its location on a map is easily accessible and the website contains the business’ phone number and service offerings. It also contains directions to the dealership and contact information. The SBA reports that the business is “Paid in Full.”
The John 316 Auto Sales LTD received a Paycheck Protection Loan of $48,930 from The Huntington National Bank. This loan was approved in February 2021 and has not been repaid in full or forgiven. However, the SBA does not release the status of loans that are ongoing. In general, PPPs are calculated at up to 2.5x average payroll costs for 2019 and depend on the entity’s needs.
For more information, visit the website of John 316 Auto Sales LTD. The company has received a Paycheck Protection Loan from The Huntington National Bank of $48,930. The loan is not fully repaid and the business has not been forgiven. The SBA does not publicly release the status of ongoing loans. The standard calculation for a PPP is up to 2.5x average payroll costs in 2019; however, specific methods may vary.
If you are searching for a reliable and honest car dealer, then you can search for 316 Auto Sales Loveland on Google. The search results will display all the results based on this criteria. You will be able to find the vehicle of your choice within minutes. All you have to do is visit the site and fill out an application. At the end of the application process, you will be contacted by the dealership.
There are various reasons why a business needs a Paycheck Protection Loan. The SBA is a government agency that provides loan guarantees to small businesses that may not be able to pay back their loans. By using this type of loan, the SBA helps a business avoid bankruptcy. It does not require a company to have a credit history. This type of credit is necessary to get a PPP.
Among the local banks in Loveland, Ohio, John 316 Auto Sales LTD. obtained a Paycheck Protection Loan of $48,930 from The Huntington National Bank. The loan has not been fully repaid yet and is still in effect. The status of the loan is unknown, however the lender may offer other types of financing. The PPP calculation is based on the monthly payroll cost of an entity in the state in which it is located.