PPP Loan information for The driving factor auto sales, inc.

$39,700

The driving factor auto sales, inc. was initially approved for PPP Loan of amount $39,700, the current approved amount is $39,700. The loan was approved on 04/14/2020 by The Peoples Independent Bank reported 6 jobs and $39,700 was used to fund payroll.

The driving factor auto sales, inc. is Existing or more than 2 years old

PPP Loan Search / AL / GUNTERSVILLE / The driving factor auto sales, inc.

THE DRIVING FACTOR AUTO SALES, INC.

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

THE DRIVING FACTOR AUTO SALES, INC.

Borrower Address

1742 BLOUNT AVE

Borrower City

GUNTERSVILLE

Borrower State

AL

Borrower Zip

35976-2218

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39700.00

Current Approval Amount

39700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112423

Servicing Lender Name

Peoples Independent Bank

Servicing Lender Address

121 Billy B Dyar Blvd

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GUNTERSVILLE

Project County Name

MARSHALL

Project State

AL

Project Zip

35976-2218

CD

AL-04

Jobs Reported

6

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3970.00

Payroll Proceed

31760.00

Mortgage Interest Proceed

0.00

Rent Proceed

3970.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112423

Originating Lender

Peoples Independent Bank

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40019.81

Forgiveness Date

02/02/2021

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