PPP Loan information for Drennen automotive, inc.

$227,800

Drennen automotive, inc. was initially approved for PPP Loan of amount $227,800, the current approved amount is $227,800. The loan was approved on 04/04/2020 by The ServisFirst Bank reported 22 jobs and $227,800 was used to fund payroll.

Drennen automotive, inc. is Existing or more than 2 years old

PPP Loan Search / AL / VESTAVIA / Drennen automotive, inc.

DRENNEN AUTOMOTIVE, INC.

Date Approved

04/04/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

DRENNEN AUTOMOTIVE, INC.

Borrower Address

2880 Acton Road

Borrower City

VESTAVIA

Borrower State

AL

Borrower Zip

35243-2502

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

227800.00

Current Approval Amount

227800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VESTAVIA

Project County Name

JEFFERSON

Project State

AL

Project Zip

35243-2502

CD

AL-06

Jobs Reported

22

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

174314.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

18486

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

229774.27

Forgiveness Date

02/17/2021

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