PPP Loan information for Smith automotive group, llc

$223,300

Smith automotive group, llc was initially approved for PPP Loan of amount $223,300, the current approved amount is $223,300. The loan was approved on 04/15/2020 by The Live Oak Banking Company reported 12 jobs and $223,300 was used to fund payroll.

Smith automotive group, llc is New Business or 2 years or less

PPP Loan Search / GA / Newnan / Smith automotive group, llc

SMITH AUTOMOTIVE GROUP, LLC

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SMITH AUTOMOTIVE GROUP, LLC

Borrower Address

783 Bullsboro Dr

Borrower City

Newnan

Borrower State

GA

Borrower Zip

30265

Loan Status Date

09/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223300.00

Current Approval Amount

223300.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Newnan

Project County Name

COWETA

Project State

GA

Project Zip

30265-0001

CD

GA-03

Jobs Reported

12

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

223300.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

228524.61

Forgiveness Date

08/25/2022

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