PPP Loan information for 51 automotive inc

$29,500

51 automotive inc was initially approved for PPP Loan of amount $29,500, the current approved amount is $29,500. The loan was approved on 04/20/2021 by The Bank of Franklin reported 8 jobs and $29,500 was used to fund payroll.

51 automotive inc is Existing or more than 2 years old

51 AUTOMOTIVE INC

Date Approved

04/20/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

51 AUTOMOTIVE INC

Borrower Address

402 Highway 51 S

Borrower City

Brookhaven

Borrower State

MS

Borrower Zip

39601-3721

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29500.00

Current Approval Amount

29500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39593

Servicing Lender Name

Bank of Franklin

Servicing Lender Address

9 Main St E

Servicing Lender City

MEADVILLE

Servicing Lender State

MS

Servicing Lender Zip

39653-9294

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brookhaven

Project County Name

LINCOLN

Project State

MS

Project Zip

39601-3721

CD

MS-03

Jobs Reported

8

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

29500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39593

Originating Lender

Bank of Franklin

Originating Lender City

MEADVILLE

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

29745.83

Forgiveness Date

02/17/2022

;