PPP Loan information for Birmingham auto acquisitions inc

$507,440

Birmingham auto acquisitions inc was initially approved for PPP Loan of amount $507,440, the current approved amount is $507,440. The loan was approved on 04/27/2020 by The First Bank of Boaz reported 52 jobs and $507,440 was used to fund payroll.

Birmingham auto acquisitions inc is Existing or more than 2 years old

PPP Loan Search / AL / Pelham / Birmingham auto acquisitions inc

BIRMINGHAM AUTO ACQUISITIONS INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BIRMINGHAM AUTO ACQUISITIONS INC

Borrower Address

2200 Highway 31 South

Borrower City

Pelham

Borrower State

AL

Borrower Zip

35124-1374

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

507440.00

Current Approval Amount

507440.00

Undisbursed Amount

0.00

Franchise Name

Kia Dealer Sales and Service Agreement

Servicing Lender Location Id

1866

Servicing Lender Name

First Bank of Boaz

Servicing Lender Address

124 S Main St

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957-2002

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pelham

Project County Name

SHELBY

Project State

AL

Project Zip

35124-1374

CD

AL-06

Jobs Reported

52

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12440.00

Payroll Proceed

460000.00

Mortgage Interest Proceed

0.00

Rent Proceed

35000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

1866

Originating Lender

First Bank of Boaz

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

513112.21

Forgiveness Date

06/11/2021

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