PPP Loan information for Hutchinson automotive inc

$579,450

Hutchinson automotive inc was initially approved for PPP Loan of amount $665,800, the current approved amount is $579,450. The loan was approved on 04/14/2020 by The Truist Bank reported 55 jobs and $579,450 was used to fund payroll.

Hutchinson automotive inc is Existing or more than 2 years old

HUTCHINSON AUTOMOTIVE INC

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

HUTCHINSON AUTOMOTIVE INC

Borrower Address

3989 River Place Dr

Borrower City

MACON

Borrower State

GA

Borrower Zip

31210

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

665800.00

Current Approval Amount

579450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MACON

Project County Name

BIBB

Project State

GA

Project Zip

31210-0002

CD

GA-08

Jobs Reported

55

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

579450.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

586419.50

Forgiveness Date

06/29/2021

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