PPP Loan information for Automobile acceptance corporation

$877,940

Automobile acceptance corporation was initially approved for PPP Loan of amount $877,940, the current approved amount is $877,940. The loan was approved on 04/12/2020 by The Truist Bank reported 82 jobs and $877,940 was used to fund payroll.

Automobile acceptance corporation is Existing or more than 2 years old

AUTOMOBILE ACCEPTANCE CORPORATION

Date Approved

04/12/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

AUTOMOBILE ACCEPTANCE CORPORATION

Borrower Address

749 MAIN STREET

Borrower City

RIVERDALE

Borrower State

GA

Borrower Zip

30274-2358

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

877940.00

Current Approval Amount

877940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RIVERDALE

Project County Name

CLAYTON

Project State

GA

Project Zip

30274-2358

CD

GA-13

Jobs Reported

82

NAICS Code

522220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

877940.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;