PPP Loan information for South shores auto services, inc.

$62,200

South shores auto services, inc. was initially approved for PPP Loan of amount $62,200, the current approved amount is $62,200. The loan was approved on 04/08/2020 by The First National Bank of Pana reported 8 jobs and $62,200 was used to fund payroll.

South shores auto services, inc. is Existing or more than 2 years old

SOUTH SHORES AUTO SERVICES, INC.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SOUTH SHORES AUTO SERVICES, INC.

Borrower Address

1675 S FRANKLIN STREET RD

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62521-4071

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62200.00

Current Approval Amount

62200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22270

Servicing Lender Name

First National Bank of Pana

Servicing Lender Address

306 S Locust

Servicing Lender City

PANA

Servicing Lender State

IL

Servicing Lender Zip

62557-1608

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MACON

Project State

IL

Project Zip

62521-4071

CD

IL-13

Jobs Reported

8

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62200.00

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

Corporation

Originating Lender Location Id

22270

Originating Lender

First National Bank of Pana

Originating Lender City

PANA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62506.74

Forgiveness Date

10/29/2020

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