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