PPP Loan information for Bill penney motor company inc

$1,868,600

Bill penney motor company inc was initially approved for PPP Loan of amount $1,868,600, the current approved amount is $1,868,600. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 197 jobs and $1,868,600 was used to fund payroll.

Bill penney motor company inc is Existing or more than 2 years old

PPP Loan Search / AL / HUNTSVILLE / Bill penney motor company inc

BILL PENNEY MOTOR COMPANY INC

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BILL PENNEY MOTOR COMPANY INC

Borrower Address

4808 UNIVERSITY DR

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35816-1808

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1868600.00

Current Approval Amount

1868600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUNTSVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35816-1808

CD

AL-05

Jobs Reported

197

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16900.00

Payroll Proceed

1630500.00

Mortgage Interest Proceed

12900.00

Rent Proceed

98200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

110100

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1880953.52

Forgiveness Date

12/08/2020

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