PPP Loan information for Southpointe automotive inc

$102,400

Southpointe automotive inc was initially approved for PPP Loan of amount $102,400, the current approved amount is $102,400. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 10 jobs and $102,400 was used to fund payroll.

Southpointe automotive inc is Existing or more than 2 years old

PPP Loan Search / MI / Taylor / Southpointe automotive inc

SOUTHPOINTE AUTOMOTIVE INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOUTHPOINTE AUTOMOTIVE INC

Borrower Address

11881 Inkster Rd

Borrower City

Taylor

Borrower State

MI

Borrower Zip

48180

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102400.00

Current Approval Amount

102400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Taylor

Project County Name

WAYNE

Project State

MI

Project Zip

48180-0001

CD

MI-13

Jobs Reported

10

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102400.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103522.19

Forgiveness Date

06/02/2021

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