PPP Loan information for A&d motors, inc.

$58,100

A&d motors, inc. was initially approved for PPP Loan of amount $58,100, the current approved amount is $58,100. The loan was approved on 04/08/2020 by The Peoples Bank of Alabama reported 8 jobs and $58,100 was used to fund payroll.

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

PPP Loan Search / AL / ARAB / A&d motors, inc.

A&D MOTORS, INC.

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

A&D MOTORS, INC.

Borrower Address

825 N. Brindlee Mtn. Pkwy

Borrower City

ARAB

Borrower State

AL

Borrower Zip

35016-1057

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58100.00

Current Approval Amount

58100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARAB

Project County Name

MARSHALL

Project State

AL

Project Zip

35016-1057

CD

AL-04

Jobs Reported

8

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58100.00

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

Subchapter S Corporation

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48413.99

Forgiveness Date

12/07/2020

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