PPP Loan information for Classic city automotive group inc

$457,500

Classic city automotive group inc was initially approved for PPP Loan of amount $457,500, the current approved amount is $457,500. The loan was approved on 04/11/2020 by The Cadence Bank reported 49 jobs and $457,500 was used to fund payroll.

Classic city automotive group inc is Existing or more than 2 years old

CLASSIC CITY AUTOMOTIVE GROUP INC

Date Approved

04/11/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

CLASSIC CITY AUTOMOTIVE GROUP INC

Borrower Address

3010 ATLANTA HWY

Borrower City

ATHENS

Borrower State

GA

Borrower Zip

30606-3087

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

457500.00

Current Approval Amount

457500.00

Undisbursed Amount

0.00

Franchise Name

Subaru Dealer Agreement

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATHENS

Project County Name

CLARKE

Project State

GA

Project Zip

30606-3087

CD

GA-10

Jobs Reported

49

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

457500.00

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

462316.46

Forgiveness Date

05/20/2021

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