PPP Loan information for Malones automotive inc

$224,500

Malones automotive inc was initially approved for PPP Loan of amount $224,500, the current approved amount is $224,500. The loan was approved on 04/14/2020 by The Renasant Bank reported 20 jobs and $224,500 was used to fund payroll.

Malones automotive inc is Existing or more than 2 years old

MALONES AUTOMOTIVE INC

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MALONES AUTOMOTIVE INC

Borrower Address

1827 LOWER ROSWELL RD

Borrower City

MARIETTA

Borrower State

GA

Borrower Zip

30068-3345

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224500.00

Current Approval Amount

224500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARIETTA

Project County Name

COBB

Project State

GA

Project Zip

30068-3345

CD

GA-11

Jobs Reported

20

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

224500.00

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

Subchapter S Corporation

Originating Lender Location Id

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

226208.69

Forgiveness Date

02/09/2021

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