PPP Loan information for Smith infiniti of huntsville, l.l.c.

$283,803

Smith infiniti of huntsville, l.l.c. was initially approved for PPP Loan of amount $283,803, the current approved amount is $283,803. The loan was approved on 04/10/2020 by The Bank Independent reported 25 jobs and $283,803 was used to fund payroll.

Smith infiniti of huntsville, l.l.c. is Existing or more than 2 years old

SMITH INFINITI OF HUNTSVILLE, L.L.C.

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SMITH INFINITI OF HUNTSVILLE, L.L.C.

Borrower Address

1010 Old Monrovia Road NW

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35806-3504

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

283803.04

Current Approval Amount

283803.04

Undisbursed Amount

0.00

Franchise Name

Infiniti Dealer Sales and Service Agreement

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUNTSVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35806-3504

CD

AL-05

Jobs Reported

25

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5490.80

Payroll Proceed

233144.92

Mortgage Interest Proceed

0.00

Rent Proceed

36732.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8435.32

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

286333.62

Forgiveness Date

03/05/2021

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