PPP Loan information for Turner auto & body, inc.

$45,000

Turner auto & body, inc. was initially approved for PPP Loan of amount $45,000, the current approved amount is $45,000. The loan was approved on 04/28/2020 by The Cadence Bank reported 5 jobs and $45,000 was used to fund payroll.

Turner auto & body, inc. is Existing or more than 2 years old

TURNER AUTO & BODY, INC.

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

TURNER AUTO & BODY, INC.

Borrower Address

500 N BROADWAY AVE

Borrower City

SYLACAUGA

Borrower State

AL

Borrower Zip

35150-2151

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45000.00

Current Approval Amount

45000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SYLACAUGA

Project County Name

TALLADEGA

Project State

AL

Project Zip

35150-2151

CD

AL-03

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

41500.00

Mortgage Interest Proceed

2000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45432.50

Forgiveness Date

04/26/2021

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