PPP Loan information for Stokes chevrolet

$701,646

Stokes chevrolet was initially approved for PPP Loan of amount $701,646, the current approved amount is $701,646. The loan was approved on 04/10/2020 by The Marion Bank and Trust Company reported 68 jobs and $701,646 was used to fund payroll.

Stokes chevrolet is Existing or more than 2 years old

STOKES CHEVROLET

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

STOKES CHEVROLET

Borrower Address

86 Peach Tower Road

Borrower City

CLANTON

Borrower State

AL

Borrower Zip

35045-8388

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

701646.43

Current Approval Amount

701646.43

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2087

Servicing Lender Name

Marion Bank and Trust Company

Servicing Lender Address

601 Washington St

Servicing Lender City

MARION

Servicing Lender State

AL

Servicing Lender Zip

36756-2527

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLANTON

Project County Name

CHILTON

Project State

AL

Project Zip

35045-8388

CD

AL-03

Jobs Reported

68

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

701646.43

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

2087

Originating Lender

Marion Bank and Trust Company

Originating Lender City

MARION

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

695508.12

Forgiveness Date

11/03/2020

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