PPP Loan information for Terry cullen southlake chevrolet inc

$897,500

Terry cullen southlake chevrolet inc was initially approved for PPP Loan of amount $897,500, the current approved amount is $897,500. The loan was approved on 04/09/2020 by The Truist Bank reported 77 jobs and $897,500 was used to fund payroll.

Terry cullen southlake chevrolet inc is Existing or more than 2 years old

TERRY CULLEN SOUTHLAKE CHEVROLET INC

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

TERRY CULLEN SOUTHLAKE CHEVROLET INC

Borrower Address

1250 BATTLECREEK RD

Borrower City

JONESBORO

Borrower State

GA

Borrower Zip

30236-2410

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

897500.00

Current Approval Amount

897500.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JONESBORO

Project County Name

CLAYTON

Project State

GA

Project Zip

30236-2410

CD

GA-13

Jobs Reported

77

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

897500.00

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

906325.42

Forgiveness Date

04/12/2021

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