PPP Loan information for Hope auto dealership inc

$240,771

Hope auto dealership inc was initially approved for PPP Loan of amount $240,771, the current approved amount is $240,771. The loan was approved on 04/11/2020 by The Centennial Bank reported 20 jobs and $240,771 was used to fund payroll.

Hope auto dealership inc is Existing or more than 2 years old

PPP Loan Search / AR / HOPE / Hope auto dealership inc

HOPE AUTO DEALERSHIP INC

Date Approved

04/11/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

HOPE AUTO DEALERSHIP INC

Borrower Address

1400 N HERVEY STREET

Borrower City

HOPE

Borrower State

AR

Borrower Zip

71801-2517

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240771.05

Current Approval Amount

240771.05

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

4392

Servicing Lender Name

Centennial Bank

Servicing Lender Address

620 Chestnut St

Servicing Lender City

CONWAY

Servicing Lender State

AR

Servicing Lender Zip

72032-5404

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOPE

Project County Name

HEMPSTEAD

Project State

AR

Project Zip

71801-2517

CD

AR-04

Jobs Reported

20

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

240771.05

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

4392

Originating Lender

Centennial Bank

Originating Lender City

CONWAY

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

242255.26

Forgiveness Date

12/09/2020

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