PPP Loan information for Foster's automotive llc

$35,055

Foster's automotive llc was initially approved for PPP Loan of amount $35,055, the current approved amount is $35,055. The loan was approved on 04/28/2020 by The Farmers and Merchants Bank reported 4 jobs and $35,055 was used to fund payroll.

Foster's automotive llc is New Business or 2 years or less

PPP Loan Search / AL / ALEXANDER CITY / Foster's automotive llc

FOSTER'S AUTOMOTIVE LLC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FOSTER'S AUTOMOTIVE LLC

Borrower Address

2430 HIGHWAY 280

Borrower City

ALEXANDER CITY

Borrower State

AL

Borrower Zip

35010-3604

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35055.00

Current Approval Amount

35055.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2074

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

2 First St North E

Servicing Lender City

LAFAYETTE

Servicing Lender State

AL

Servicing Lender Zip

36862

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ALEXANDER CITY

Project County Name

TALLAPOOSA

Project State

AL

Project Zip

35010-3604

CD

AL-03

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

35055.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

2074

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAFAYETTE

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

35330.57

Forgiveness Date

02/09/2021

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