PPP Loan information for Billy thompson motors inc

$39,900

Billy thompson motors inc was initially approved for PPP Loan of amount $39,900, the current approved amount is $39,900. The loan was approved on 04/15/2020 by The River Bank & Trust reported 4 jobs and $39,900 was used to fund payroll.

Billy thompson motors inc is Existing or more than 2 years old

PPP Loan Search / AL / SYLACAUGA / Billy thompson motors inc

BILLY THOMPSON MOTORS INC

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BILLY THOMPSON MOTORS INC

Borrower Address

37411 US HIGHWAY 280

Borrower City

SYLACAUGA

Borrower State

AL

Borrower Zip

35150-7455

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39900.00

Current Approval Amount

39900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SYLACAUGA

Project County Name

TALLADEGA

Project State

AL

Project Zip

35150-7455

CD

AL-03

Jobs Reported

4

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39900.00

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

Subchapter S Corporation

Originating Lender Location Id

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

40092.85

Forgiveness Date

10/14/2020

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