PPP Loan information for Lynn layton ford inc

$556,532

Lynn layton ford inc was initially approved for PPP Loan of amount $630,200, the current approved amount is $556,532. The loan was approved on 04/04/2020 by The United Community Bank reported 56 jobs and $556,532 was used to fund payroll.

Lynn layton ford inc is Existing or more than 2 years old

PPP Loan Search / AL / DECATUR / Lynn layton ford inc

LYNN LAYTON FORD INC

Date Approved

04/04/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LYNN LAYTON FORD INC

Borrower Address

3300 HIGHWAY 31

Borrower City

DECATUR

Borrower State

AL

Borrower Zip

35603-1410

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

630200.00

Current Approval Amount

556532.00

Undisbursed Amount

0.00

Franchise Name

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

Y

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MORGAN

Project State

AL

Project Zip

35603-1410

CD

AL-05

Jobs Reported

56

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

445225.00

Mortgage Interest Proceed

0.00

Rent Proceed

111307.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

561046.09

Forgiveness Date

01/28/2021

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