PPP Loan information for Lake city motors

$11,500

Lake city motors was initially approved for PPP Loan of amount $11,500, the current approved amount is $11,500. The loan was approved on 05/06/2020 by The Regions Bank reported 3 jobs and $11,500 was used to fund payroll.

Lake city motors is Existing or more than 2 years old

PPP Loan Search / AL / GUNTERSVILLE / Lake city motors

LAKE CITY MOTORS

Date Approved

05/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LAKE CITY MOTORS

Borrower Address

5351AL HWY 79 SOUTH

Borrower City

GUNTERSVILLE

Borrower State

AL

Borrower Zip

35976

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11500.00

Current Approval Amount

11500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GUNTERSVILLE

Project County Name

MARSHALL

Project State

AL

Project Zip

35976-0001

CD

AL-04

Jobs Reported

3

NAICS Code

441120

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11500.00

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

Sole Proprietorship

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

11632.64

Forgiveness Date

07/07/2021

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