PPP Loan information for Southern motors acura

$208,750

Southern motors acura was initially approved for PPP Loan of amount $208,750, the current approved amount is $208,750. The loan was approved on 03/20/2021 by The PNC Bank, National Association reported 24 jobs and $208,750 was used to fund payroll.

Southern motors acura is Existing or more than 2 years old

SOUTHERN MOTORS ACURA

Date Approved

03/20/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

SOUTHERN MOTORS ACURA

Borrower Address

102 Park of Commerce Dr

Borrower City

Savannah

Borrower State

GA

Borrower Zip

31405-1354

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

208750.28

Current Approval Amount

208750.28

Undisbursed Amount

0.00

Franchise Name

Acura Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Savannah

Project County Name

CHATHAM

Project State

GA

Project Zip

31405-1354

CD

GA-01

Jobs Reported

24

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

208747.28

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

210994.35

Forgiveness Date

04/14/2022

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