PPP Loan information for Auto associates of southeast alabama llc

$405,200

Auto associates of southeast alabama llc was initially approved for PPP Loan of amount $405,200, the current approved amount is $405,200. The loan was approved on 04/14/2020 by The Live Oak Banking Company reported 30 jobs and $405,200 was used to fund payroll.

Auto associates of southeast alabama llc is New Business or 2 years or less

AUTO ASSOCIATES OF SOUTHEAST ALABAMA LLC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

AUTO ASSOCIATES OF SOUTHEAST ALABAMA LLC

Borrower Address

501 Park Avenue, Suite B

Borrower City

Lebanon

Borrower State

TN

Borrower Zip

37087

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

405200.00

Current Approval Amount

405200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Lebanon

Project County Name

WILSON

Project State

TN

Project Zip

37087-0200

CD

TN-06

Jobs Reported

30

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

405200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

407864.33

Forgiveness Date

12/15/2020

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