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
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
Servicing Lender Zip
35661-2808
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LIMESTONE
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
295737.16
Forgiveness Date
06/08/2022