PPP Loan information for Southern chevrolet inc

$743,100

Southern chevrolet inc was initially approved for PPP Loan of amount $743,100, the current approved amount is $743,100. The loan was approved on 04/09/2020 by The Truist Bank reported 51 jobs and $743,100 was used to fund payroll.

Southern chevrolet inc is Existing or more than 2 years old

PPP Loan Search / AL / FOLEY / Southern chevrolet inc

SOUTHERN CHEVROLET INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHERN CHEVROLET INC

Borrower Address

2255 S MCKENZIE ST

Borrower City

FOLEY

Borrower State

AL

Borrower Zip

36535-1704

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

743100.00

Current Approval Amount

743100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOLEY

Project County Name

BALDWIN

Project State

AL

Project Zip

36535-1704

CD

AL-01

Jobs Reported

51

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

743100.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

749622.77

Forgiveness Date

03/03/2021

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