PPP Loan information for Faucett motors of boaz, inc

$87,070

Faucett motors of boaz, inc was initially approved for PPP Loan of amount $87,070, the current approved amount is $87,070. The loan was approved on 05/01/2020 by The First Bank of Boaz reported 6 jobs and $87,070 was used to fund payroll.

Faucett motors of boaz, inc is Existing or more than 2 years old

PPP Loan Search / AL / Boaz / Faucett motors of boaz, inc

FAUCETT MOTORS OF BOAZ, INC

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FAUCETT MOTORS OF BOAZ, INC

Borrower Address

85 US Hwy 431

Borrower City

Boaz

Borrower State

AL

Borrower Zip

35957-6602

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87070.00

Current Approval Amount

87070.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1866

Servicing Lender Name

First Bank of Boaz

Servicing Lender Address

124 S Main St

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957-2002

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boaz

Project County Name

MARSHALL

Project State

AL

Project Zip

35957-6602

CD

AL-04

Jobs Reported

6

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3070.00

Payroll Proceed

80000.00

Mortgage Interest Proceed

4000.00

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

1866

Originating Lender

First Bank of Boaz

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88098.14

Forgiveness Date

07/07/2021

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