PPP Loan information for Bama auto auction llc

$25,196

Bama auto auction llc was initially approved for PPP Loan of amount $25,196, the current approved amount is $25,196. The loan was approved on 05/01/2020 by The Cross River Bank reported 5 jobs and $25,196 was used to fund payroll.

Bama auto auction llc is Existing or more than 2 years old

BAMA AUTO AUCTION LLC

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BAMA AUTO AUCTION LLC

Borrower Address

4103 gault ave s

Borrower City

fort payne

Borrower State

AL

Borrower Zip

35967

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25196.00

Current Approval Amount

25196.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

fort payne

Project County Name

DE KALB

Project State

AL

Project Zip

35967-0001

CD

AL-03

Jobs Reported

5

NAICS Code

423110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25196.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25620.54

Forgiveness Date

01/13/2022

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