PPP Loan information for Franks chevrolet-buick-gmc, llc

$326,000

Franks chevrolet-buick-gmc, llc was initially approved for PPP Loan of amount $326,000, the current approved amount is $326,000. The loan was approved on 04/09/2020 by The The Citizens National Bank of Meridian reported 31 jobs and $326,000 was used to fund payroll.

Franks chevrolet-buick-gmc, llc is Existing or more than 2 years old

PPP Loan Search / MS / KOSCIUSKO / Franks chevrolet-buick-gmc, llc

FRANKS CHEVROLET-BUICK-GMC, LLC

Date Approved

04/09/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

FRANKS CHEVROLET-BUICK-GMC, LLC

Borrower Address

11001 HIGHWAY 35

Borrower City

KOSCIUSKO

Borrower State

MS

Borrower Zip

39090-4747

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

326000.00

Current Approval Amount

326000.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

39604

Servicing Lender Name

The Citizens National Bank of Meridian

Servicing Lender Address

512 22nd Ave

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KOSCIUSKO

Project County Name

ATTALA

Project State

MS

Project Zip

39090-4747

CD

MS-02

Jobs Reported

31

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

21733.33

Payroll Proceed

260800.00

Mortgage Interest Proceed

21733.33

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

21733.34

Business Type

Partnership

Originating Lender Location Id

39604

Originating Lender

The Citizens National Bank of Meridian

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

328544.61

Forgiveness Date

01/20/2021

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