PPP Loan information for Auto mercado, best buy auto inc

$53,300

Auto mercado, best buy auto inc was initially approved for PPP Loan of amount $53,300, the current approved amount is $53,300. The loan was approved on 04/27/2020 by The Peoples Bank of Alabama reported 16 jobs and $53,300 was used to fund payroll.

Auto mercado, best buy auto inc is Existing or more than 2 years old

AUTO MERCADO, BEST BUY AUTO INC

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

53300.00

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

AL

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

ALBERTVILLE

Project County Name

MARSHALL

Project State

AL

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

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53837.44

Forgiveness Date

04/29/2021

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