PPP Loan information for Allen automotive inc

$1,145,000

Allen automotive inc was initially approved for PPP Loan of amount $1,145,000, the current approved amount is $1,145,000. The loan was approved on 04/01/2021 by The Hancock Whitney Bank reported 105 jobs and $1,145,000 was used to fund payroll.

Allen automotive inc is Existing or more than 2 years old

PPP Loan Search / MS / Gulfport / Allen automotive inc

ALLEN AUTOMOTIVE INC

Date Approved

04/01/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

ALLEN AUTOMOTIVE INC

Borrower Address

11397 Helen Richards Dr

Borrower City

Gulfport

Borrower State

MS

Borrower Zip

39503-5901

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1145000.00

Current Approval Amount

1145000.00

Undisbursed Amount

0.00

Franchise Name

Gulf States Toyota, Inc. - Toyota Dealer Agreement

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gulfport

Project County Name

HARRISON

Project State

MS

Project Zip

39503-5901

CD

MS-04

Jobs Reported

105

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1144998.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1151551.94

Forgiveness Date

10/26/2021

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