PPP Loan information for Mid-state automotive inc.

$1,167,939

Mid-state automotive inc. was initially approved for PPP Loan of amount $1,167,939, the current approved amount is $1,167,939. The loan was approved on 04/13/2020 by The Ally Bank reported 91 jobs and $1,167,939 was used to fund payroll.

Mid-state automotive inc. is Existing or more than 2 years old

MID-STATE AUTOMOTIVE INC.

Date Approved

04/13/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MID-STATE AUTOMOTIVE INC.

Borrower Address

26 Days Drive

Borrower City

SUTTON

Borrower State

WV

Borrower Zip

26601-6252

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1167938.59

Current Approval Amount

1167938.59

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUTTON

Project County Name

BRAXTON

Project State

WV

Project Zip

26601-6252

CD

WV-01

Jobs Reported

91

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1167938.59

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1182732.48

Forgiveness Date

07/22/2021

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