PPP Loan information for Lipscomb auto sales

$50,000

Lipscomb auto sales was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/08/2020 by The SouthPoint Bank reported 7 jobs and $50,000 was used to fund payroll.

Lipscomb auto sales is Existing or more than 2 years old

LIPSCOMB AUTO SALES

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LIPSCOMB AUTO SALES

Borrower Address

1411 US HIGHWAY 431

Borrower City

ANNISTON

Borrower State

AL

Borrower Zip

36206-1455

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437056

Servicing Lender Name

SouthPoint Bank

Servicing Lender Address

3501 Grandview Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35243-1930

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANNISTON

Project County Name

CALHOUN

Project State

AL

Project Zip

36206-1455

CD

AL-03

Jobs Reported

7

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

Corporation

Originating Lender Location Id

437056

Originating Lender

SouthPoint Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50591.67

Forgiveness Date

06/24/2021

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