PPP Loan information for Smith infiniti of huntsville llc

$285,790

Smith infiniti of huntsville llc was initially approved for PPP Loan of amount $285,790, the current approved amount is $285,790. The loan was approved on 03/18/2021 by The Merit Bank reported 28 jobs and $285,790 was used to fund payroll.

Smith infiniti of huntsville llc is Existing or more than 2 years old

PPP Loan Search / AL / Huntsville / Smith infiniti of huntsville llc

SMITH INFINITI OF HUNTSVILLE LLC

Date Approved

03/18/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SMITH INFINITI OF HUNTSVILLE LLC

Borrower Address

1010 Old Monrovia Rd NW

Borrower City

Huntsville

Borrower State

AL

Borrower Zip

35806-3504

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

285789.52

Current Approval Amount

285789.52

Undisbursed Amount

0.00

Franchise Name

Infiniti Dealer Sales and Service Agreement

Servicing Lender Location Id

3332

Servicing Lender Name

Merit Bank

Servicing Lender Address

659 Gallatin St SW

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35801-4914

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

28

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

285789.52

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

3332

Originating Lender

Merit Bank

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

287043.82

Forgiveness Date

08/25/2021

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