PPP Loan information for Lake city auto repair inc

$34,988

Lake city auto repair inc was initially approved for PPP Loan of amount $34,988, the current approved amount is $34,988. The loan was approved on 04/27/2020 by The Cadence Bank reported 8 jobs and $34,988 was used to fund payroll.

Lake city auto repair inc is New Business or 2 years or less

LAKE CITY AUTO REPAIR INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LAKE CITY AUTO REPAIR INC

Borrower Address

628 GUNTER AVENUE

Borrower City

GUNTERSVILLE

Borrower State

AL

Borrower Zip

35976

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34987.50

Current Approval Amount

34987.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GUNTERSVILLE

Project County Name

MARSHALL

Project State

AL

Project Zip

35976-0001

CD

AL-04

Jobs Reported

8

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

34987.50

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35333.49

Forgiveness Date

04/22/2021

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