PPP Loan information for Ginn motor company

$732,592

Ginn motor company was initially approved for PPP Loan of amount $732,592, the current approved amount is $732,592. The loan was approved on 04/14/2020 by The Bank of Monticello reported 63 jobs and $732,592 was used to fund payroll.

Ginn motor company is Existing or more than 2 years old

PPP Loan Search / GA / COVINGTON / Ginn motor company

GINN MOTOR COMPANY

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

GINN MOTOR COMPANY

Borrower Address

8153 ACCESS RD

Borrower City

COVINGTON

Borrower State

GA

Borrower Zip

30014-2099

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

732592.00

Current Approval Amount

732592.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19592

Servicing Lender Name

Bank of Monticello

Servicing Lender Address

141 E Greene St

Servicing Lender City

MONTICELLO

Servicing Lender State

GA

Servicing Lender Zip

31064-1007

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COVINGTON

Project County Name

NEWTON

Project State

GA

Project Zip

30014-2099

CD

GA-04

Jobs Reported

63

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

617592.00

Mortgage Interest Proceed

5000.00

Rent Proceed

73000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

19592

Originating Lender

Bank of Monticello

Originating Lender City

MONTICELLO

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

736702.66

Forgiveness Date

11/05/2020

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