PPP Loan information for Hood auto group of hammond llc

$877,315

Hood auto group of hammond llc was initially approved for PPP Loan of amount $877,315, the current approved amount is $877,315. The loan was approved on 04/09/2020 by The The First Bank reported 82 jobs and $877,315 was used to fund payroll.

Hood auto group of hammond llc is Existing or more than 2 years old

HOOD AUTO GROUP OF HAMMOND LLC

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

HOOD AUTO GROUP OF HAMMOND LLC

Borrower Address

318 N MORRISON BLVD

Borrower City

HAMMOND

Borrower State

LA

Borrower Zip

70401-2923

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

877315.00

Current Approval Amount

877315.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAMMOND

Project County Name

TANGIPAHOA

Project State

LA

Project Zip

70401-2923

CD

LA-05

Jobs Reported

82

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25315.00

Payroll Proceed

680000.00

Mortgage Interest Proceed

0.00

Rent Proceed

150000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

885259.57

Forgiveness Date

03/10/2021

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