PPP Loan information for Cecil's automotive inc

$226,000

Cecil's automotive inc was initially approved for PPP Loan of amount $226,000, the current approved amount is $226,000. The loan was approved on 04/05/2020 by The BankPlus reported 13 jobs and $226,000 was used to fund payroll.

Cecil's automotive inc is Existing or more than 2 years old

PPP Loan Search / TN / COLLIERVILLE / Cecil's automotive inc

CECIL'S AUTOMOTIVE INC

Date Approved

04/05/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CECIL'S AUTOMOTIVE INC

Borrower Address

3815 S HOUSTON LEVEE RD

Borrower City

COLLIERVILLE

Borrower State

TN

Borrower Zip

38017-9187

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

226000.00

Current Approval Amount

226000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLLIERVILLE

Project County Name

SHELBY

Project State

TN

Project Zip

38017-9187

CD

TN-08

Jobs Reported

13

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2400.00

Payroll Proceed

170000.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

13600.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

227494.11

Forgiveness Date

12/02/2020

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