PPP Loan information for Dearmon automotive group

$9,000

Dearmon automotive group was initially approved for PPP Loan of amount $9,000, the current approved amount is $9,000. The loan was approved on 05/01/2020 by The Regions Bank reported 2 jobs and $9,000 was used to fund payroll.

Dearmon automotive group is Existing or more than 2 years old

DEARMON AUTOMOTIVE GROUP

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

DEARMON AUTOMOTIVE GROUP

Borrower Address

11481 Howells Ferry Road,

Borrower City

Semmes

Borrower State

AL

Borrower Zip

36575

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

9000.00

Current Approval Amount

9000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Semmes

Project County Name

MOBILE

Project State

AL

Project Zip

36575-0001

CD

AL-01

Jobs Reported

2

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

9000.00

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

Subchapter S Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

9099.86

Forgiveness Date

06/16/2021

;