PPP Loan information for Morehead automotive group llc

$565,000

Morehead automotive group llc was initially approved for PPP Loan of amount $565,000, the current approved amount is $565,000. The loan was approved on 04/04/2020 by The South Central Bank, Inc. reported 90 jobs and $565,000 was used to fund payroll.

Morehead automotive group llc is Existing or more than 2 years old

PPP Loan Search / KY / MOREHEAD / Morehead automotive group llc

MOREHEAD AUTOMOTIVE GROUP LLC

Date Approved

04/04/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MOREHEAD AUTOMOTIVE GROUP LLC

Borrower Address

99 Tim Short Dr

Borrower City

MOREHEAD

Borrower State

KY

Borrower Zip

40351-7140

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

565000.00

Current Approval Amount

565000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27775

Servicing Lender Name

South Central Bank, Inc.

Servicing Lender Address

501 S L Rogers Wells Blvd

Servicing Lender City

GLASGOW

Servicing Lender State

KY

Servicing Lender Zip

42141

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOREHEAD

Project County Name

ROWAN

Project State

KY

Project Zip

40351-7140

CD

KY-05

Jobs Reported

90

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

565000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

27775

Originating Lender

South Central Bank, Inc.

Originating Lender City

GLASGOW

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

571685.83

Forgiveness Date

06/11/2021

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