Date Approved
04/27/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
AUTO MERCADO, BEST BUY AUTO INC
Borrower Address
613 Baltimore Avenue
Borrower City
ALBERTVILLE
Borrower State
AL
Borrower Zip
35950
Loan Status Date
05/07/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
53300.00
Current Approval Amount
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
Servicing Lender Zip
35055-5595
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MARSHALL
Project State
Project Zip
35950-0001
CD
AL-04
Jobs Reported
16
NAICS Code
441228
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1000.00
Payroll Proceed
41919.19
Mortgage Interest Proceed
7380.81
Rent Proceed
3000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
53837.44
Forgiveness Date
04/29/2021