PPP Loan information for Tallassee automotive, inc

$564,413

Tallassee automotive, inc was initially approved for PPP Loan of amount $564,413, the current approved amount is $564,413. The loan was approved on 04/09/2020 by The Colony Bank reported 54 jobs and $564,413 was used to fund payroll.

Tallassee automotive, inc is Existing or more than 2 years old

PPP Loan Search / AL / TALLASSEE / Tallassee automotive, inc

TALLASSEE AUTOMOTIVE, INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

TALLASSEE AUTOMOTIVE, INC

Borrower Address

1618 GILMER AVE

Borrower City

TALLASSEE

Borrower State

AL

Borrower Zip

36078-2341

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

564413.00

Current Approval Amount

564413.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19444

Servicing Lender Name

Colony Bank

Servicing Lender Address

115 S Grant St

Servicing Lender City

FITZGERALD

Servicing Lender State

GA

Servicing Lender Zip

31750-2902

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TALLASSEE

Project County Name

ELMORE

Project State

AL

Project Zip

36078-2341

CD

AL-02

Jobs Reported

54

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

564413.00

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

19444

Originating Lender

Colony Bank

Originating Lender City

FITZGERALD

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

568912.84

Forgiveness Date

02/03/2021

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