PPP Loan information for Automotive concepts, inc.

$74,200

Automotive concepts, inc. was initially approved for PPP Loan of amount $74,200, the current approved amount is $74,200. The loan was approved on 04/13/2020 by The San Luis Valley Federal Bank reported 8 jobs and $74,200 was used to fund payroll.

Automotive concepts, inc. is Existing or more than 2 years old

PPP Loan Search / CO / ALAMOSA / Automotive concepts, inc.

AUTOMOTIVE CONCEPTS, INC.

Date Approved

04/13/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

AUTOMOTIVE CONCEPTS, INC.

Borrower Address

6778 S. STATE HIGHWAY 17

Borrower City

ALAMOSA

Borrower State

CO

Borrower Zip

81101-9544

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74200.00

Current Approval Amount

74200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78848

Servicing Lender Name

San Luis Valley Federal Bank

Servicing Lender Address

401 Edison Ave

Servicing Lender City

ALAMOSA

Servicing Lender State

CO

Servicing Lender Zip

81101-2535

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALAMOSA

Project County Name

ALAMOSA

Project State

CO

Project Zip

81101-9544

CD

CO-03

Jobs Reported

8

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2226.00

Payroll Proceed

59360.00

Mortgage Interest Proceed

12614.00

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

78848

Originating Lender

San Luis Valley Federal Bank

Originating Lender City

ALAMOSA

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74553.72

Forgiveness Date

10/09/2020

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