PPP Loan information for Alabama affordable automotive

$23,838

Alabama affordable automotive was initially approved for PPP Loan of amount $23,838, the current approved amount is $23,838. The loan was approved on 02/07/2021 by The Regions Bank reported 1 jobs and $23,838 was used to fund payroll.

Alabama affordable automotive is Existing or more than 2 years old

ALABAMA AFFORDABLE AUTOMOTIVE

Date Approved

02/07/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ALABAMA AFFORDABLE AUTOMOTIVE

Borrower Address

6991 Gadsden Hwy

Borrower City

Trussville

Borrower State

AL

Borrower Zip

35173-1676

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23838.00

Current Approval Amount

23838.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Trussville

Project County Name

JEFFERSON

Project State

AL

Project Zip

35173-1676

CD

AL-06

Jobs Reported

1

NAICS Code

441120

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

23836.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24000.62

Forgiveness Date

10/19/2021

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