PPP Loan information for Adams motor company inc

$109,800

Adams motor company inc was initially approved for PPP Loan of amount $99,800, the current approved amount is $109,800. The loan was approved on 04/13/2020 by The Ameris Bank reported 10 jobs and $109,800 was used to fund payroll.

Adams motor company inc is Existing or more than 2 years old

PPP Loan Search / GA / MOULTRIE / Adams motor company inc

ADAMS MOTOR COMPANY INC

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ADAMS MOTOR COMPANY INC

Borrower Address

2024 First Ave. SE

Borrower City

MOULTRIE

Borrower State

GA

Borrower Zip

31788-5156

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99800.00

Current Approval Amount

109800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19595

Servicing Lender Name

Ameris Bank

Servicing Lender Address

3490 Piedmont Rd NE, Ste 124

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30305

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOULTRIE

Project County Name

COLQUITT

Project State

GA

Project Zip

31788-5156

CD

GA-08

Jobs Reported

10

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9980.00

Payroll Proceed

79840.00

Mortgage Interest Proceed

0.00

Rent Proceed

9980.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

19595

Originating Lender

Ameris Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

110717.51

Forgiveness Date

03/02/2021

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