PPP Loan information for Arnette's chop shop

$458,700

Arnette's chop shop was initially approved for PPP Loan of amount $458,700, the current approved amount is $458,700. The loan was approved on 04/07/2020 by The Coastal States Bank reported 59 jobs and $458,700 was used to fund payroll.

Arnette's chop shop is Existing or more than 2 years old

ARNETTE'S CHOP SHOP

Date Approved

04/07/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ARNETTE'S CHOP SHOP

Borrower Address

2700 APPLE VALLEY RD

Borrower City

BROOKHAVEN

Borrower State

GA

Borrower Zip

30319-3139

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

458700.00

Current Approval Amount

458700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

382926

Servicing Lender Name

Coastal States Bank

Servicing Lender Address

5 Bow Circle

Servicing Lender City

HILTON HEAD ISLAND

Servicing Lender State

SC

Servicing Lender Zip

29928-7344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKHAVEN

Project County Name

DEKALB

Project State

GA

Project Zip

30319-3139

CD

GA-04

Jobs Reported

59

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

45870.00

Payroll Proceed

344025.00

Mortgage Interest Proceed

0.00

Rent Proceed

45870.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

22935

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

382926

Originating Lender

Coastal States Bank

Originating Lender City

HILTON HEAD ISLAND

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

461808.97

Forgiveness Date

12/17/2020

;