PPP Loan information for Meighan auto acquisitions inc

$582,750

Meighan auto acquisitions inc was initially approved for PPP Loan of amount $582,750, the current approved amount is $582,750. The loan was approved on 04/09/2020 by The First Bank of Boaz reported 100 jobs and $582,750 was used to fund payroll.

Meighan auto acquisitions inc is Existing or more than 2 years old

PPP Loan Search / AL / Gadsden / Meighan auto acquisitions inc

MEIGHAN AUTO ACQUISITIONS INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MEIGHAN AUTO ACQUISITIONS INC

Borrower Address

413 E Meighan Blvd

Borrower City

Gadsden

Borrower State

AL

Borrower Zip

35903-1050

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

582750.00

Current Approval Amount

582750.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

1866

Servicing Lender Name

First Bank of Boaz

Servicing Lender Address

124 S Main St

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957-2002

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gadsden

Project County Name

ETOWAH

Project State

AL

Project Zip

35903-1050

CD

AL-04

Jobs Reported

100

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12750.00

Payroll Proceed

550000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

1866

Originating Lender

First Bank of Boaz

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

587443.93

Forgiveness Date

02/03/2021

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