PPP Loan information for A & d automotive, inc.

$531,000

A & d automotive, inc. was initially approved for PPP Loan of amount $531,000, the current approved amount is $531,000. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 43 jobs and $531,000 was used to fund payroll.

A & d automotive, inc. is Existing or more than 2 years old

A & D AUTOMOTIVE, INC.

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

A & D AUTOMOTIVE, INC.

Borrower Address

4074 ROSS CLARK CIR

Borrower City

DOTHAN

Borrower State

AL

Borrower Zip

36303-5724

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

531000.00

Current Approval Amount

531000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DOTHAN

Project County Name

HOUSTON

Project State

AL

Project Zip

36303-5724

CD

AL-02

Jobs Reported

43

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11200.00

Payroll Proceed

426000.00

Mortgage Interest Proceed

0.00

Rent Proceed

39600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

54200

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

534466.25

Forgiveness Date

12/07/2020

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