PPP Loan information for Alford motors inc

$458,700

Alford motors inc was initially approved for PPP Loan of amount $458,700, the current approved amount is $458,700. The loan was approved on 04/05/2020 by The b1BANK reported 46 jobs and $458,700 was used to fund payroll.

Alford motors inc is Existing or more than 2 years old

PPP Loan Search / LA / LEESVILLE / Alford motors inc

ALFORD MOTORS INC

Date Approved

04/05/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ALFORD MOTORS INC

Borrower Address

PO BOX 2397

Borrower City

LEESVILLE

Borrower State

LA

Borrower Zip

71496-2397

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

458700.00

Current Approval Amount

458700.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

437878

Servicing Lender Name

b1BANK

Servicing Lender Address

500 Laurel St, Ste 101

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70801-1811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEESVILLE

Project County Name

VERNON

Project State

LA

Project Zip

71496-2397

CD

LA-04

Jobs Reported

46

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

458700.00

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

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

462280.41

Forgiveness Date

01/20/2021

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