PPP Loan information for Heritage motors, inc

$289,063

Heritage motors, inc was initially approved for PPP Loan of amount $289,063, the current approved amount is $289,063. The loan was approved on 04/11/2020 by The Ally Bank reported 23 jobs and $289,063 was used to fund payroll.

Heritage motors, inc is Existing or more than 2 years old

PPP Loan Search / GA / LITHIA SPRINGS / Heritage motors, inc

HERITAGE MOTORS, INC

Date Approved

04/11/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

HERITAGE MOTORS, INC

Borrower Address

1981 THORNTON RD

Borrower City

LITHIA SPRINGS

Borrower State

GA

Borrower Zip

30122-2633

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

289063.00

Current Approval Amount

289063.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen Dealer Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LITHIA SPRINGS

Project County Name

DOUGLAS

Project State

GA

Project Zip

30122-2633

CD

GA-13

Jobs Reported

23

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

289063.00

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

Corporation

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

290990.09

Forgiveness Date

12/15/2020

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