PPP Loan information for Automax ocala inc

$608,852

Automax ocala inc was initially approved for PPP Loan of amount $608,852, the current approved amount is $608,852. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 42 jobs and $608,852 was used to fund payroll.

Automax ocala inc is New Business or 2 years or less

AUTOMAX OCALA INC

Date Approved

05/01/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

AUTOMAX OCALA INC

Borrower Address

2060 SW College Rd

Borrower City

Ocala

Borrower State

FL

Borrower Zip

34474

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

608852.00

Current Approval Amount

608852.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Ocala

Project County Name

MARION

Project State

FL

Project Zip

34474-0001

CD

FL-03

Jobs Reported

42

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

608852.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

616641.97

Forgiveness Date

08/16/2021

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