PPP Loan information for Southern auto wholesale, inc

$20,833

Southern auto wholesale, inc was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/29/2020 by The Industrial Bank reported 1 jobs and $20,833 was used to fund payroll.

Southern auto wholesale, inc is Existing or more than 2 years old

SOUTHERN AUTO WHOLESALE, INC

Date Approved

04/29/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SOUTHERN AUTO WHOLESALE, INC

Borrower Address

19 MARBLE ARCH

Borrower City

COLORA

Borrower State

MD

Borrower Zip

21917-1537

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16803

Servicing Lender Name

Industrial Bank

Servicing Lender Address

4812 Georgia Ave NW

Servicing Lender City

WASHINGTON

Servicing Lender State

DC

Servicing Lender Zip

20011-4522

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLORA

Project County Name

CECIL

Project State

MD

Project Zip

21917-1537

CD

MD-01

Jobs Reported

1

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20833.00

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

Subchapter S Corporation

Originating Lender Location Id

16803

Originating Lender

Industrial Bank

Originating Lender City

WASHINGTON

Originating Lender State

DC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21023.39

Forgiveness Date

04/08/2021

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