PPP Loan information for Lowery brothers motors, inc.

$256,060

Lowery brothers motors, inc. was initially approved for PPP Loan of amount $256,060, the current approved amount is $256,060. The loan was approved on 04/15/2020 by The Citizens Bank & Trust reported 26 jobs and $256,060 was used to fund payroll.

Lowery brothers motors, inc. is Existing or more than 2 years old

PPP Loan Search / AL / BOAZ / Lowery brothers motors, inc.

LOWERY BROTHERS MOTORS, INC.

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LOWERY BROTHERS MOTORS, INC.

Borrower Address

306 US HIGHWAY 431

Borrower City

BOAZ

Borrower State

AL

Borrower Zip

35957-2172

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

256060.00

Current Approval Amount

256060.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

323110

Servicing Lender Name

Citizens Bank & Trust

Servicing Lender Address

711 Gunter Ave

Servicing Lender City

GUNTERSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35976-1515

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOAZ

Project County Name

MARSHALL

Project State

AL

Project Zip

35957-2172

CD

AL-04

Jobs Reported

26

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

256060.00

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

323110

Originating Lender

Citizens Bank & Trust

Originating Lender City

GUNTERSVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

257852.42

Forgiveness Date

12/31/2020

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