PPP Loan information for Mcclary ford lincoln mercury inc.

$291,734

Mcclary ford lincoln mercury inc. was initially approved for PPP Loan of amount $291,734, the current approved amount is $291,734. The loan was approved on 01/21/2021 by The First Metro Bank reported 25 jobs and $291,734 was used to fund payroll.

Mcclary ford lincoln mercury inc. is Existing or more than 2 years old

MCCLARY FORD LINCOLN MERCURY INC.

Date Approved

01/21/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MCCLARY FORD LINCOLN MERCURY INC.

Borrower Address

1104 US Highway 72 E

Borrower City

Athens

Borrower State

AL

Borrower Zip

35611-4402

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

291733.92

Current Approval Amount

291733.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Athens

Project County Name

LIMESTONE

Project State

AL

Project Zip

35611-4402

CD

AL-05

Jobs Reported

25

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

291732.92

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

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

295737.16

Forgiveness Date

06/08/2022

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