PPP Loan information for Long lewis ford of the shoals inc

$2,629,719

Long lewis ford of the shoals inc was initially approved for PPP Loan of amount $2,629,719, the current approved amount is $2,629,719. The loan was approved on 04/09/2020 by The United Community Bank reported 297 jobs and $2,629,719 was used to fund payroll.

Long lewis ford of the shoals inc is Existing or more than 2 years old

LONG LEWIS FORD OF THE SHOALS INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LONG LEWIS FORD OF THE SHOALS INC

Borrower Address

2800 WOODWARD AVE

Borrower City

MUSCLE SHOALS

Borrower State

AL

Borrower Zip

35661-3248

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2629719.00

Current Approval Amount

2629719.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCLE SHOALS

Project County Name

COLBERT

Project State

AL

Project Zip

35661-3248

CD

AL-04

Jobs Reported

297

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2629719.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2660326.01

Forgiveness Date

06/11/2021

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