PPP Loan information for Chop shop

$10,000

Chop shop was initially approved for PPP Loan of amount $10,000, the current approved amount is $10,000. The loan was approved on 04/28/2020 by The Newtek Small Business Finance, Inc. reported 6 jobs and $10,000 was used to fund payroll.

Chop shop is Existing or more than 2 years old

PPP Loan Search / AL / Homewood / Chop shop

CHOP SHOP

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CHOP SHOP

Borrower Address

40 Green Springs Hwy

Borrower City

Homewood

Borrower State

AL

Borrower Zip

35209-4902

Loan Status Date

05/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

10000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Homewood

Project County Name

JEFFERSON

Project State

AL

Project Zip

35209-4902

CD

AL-07

Jobs Reported

6

NAICS Code

812111

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10000.00

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

Sole Proprietorship

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

10076.39

Forgiveness Date

03/08/2021

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