PPP Loan information for Jimmy smith buick gmc, llc

$330,901

Jimmy smith buick gmc, llc was initially approved for PPP Loan of amount $330,901, the current approved amount is $330,901. The loan was approved on 04/06/2020 by The Bank Independent reported 31 jobs and $330,901 was used to fund payroll.

Jimmy smith buick gmc, llc is Existing or more than 2 years old

JIMMY SMITH BUICK GMC, LLC

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

JIMMY SMITH BUICK GMC, LLC

Borrower Address

24450 US HIGHWAY 72

Borrower City

ATHENS

Borrower State

AL

Borrower Zip

35613-7607

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

330901.00

Current Approval Amount

330901.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ATHENS

Project County Name

LIMESTONE

Project State

AL

Project Zip

35613-7607

CD

AL-05

Jobs Reported

31

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12722.00

Payroll Proceed

260947.00

Mortgage Interest Proceed

0.00

Rent Proceed

36732.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20500.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

333980.22

Forgiveness Date

03/18/2021

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