PPP Loan information for B & e automotive services, llc

$268,000

B & e automotive services, llc was initially approved for PPP Loan of amount $268,000, the current approved amount is $268,000. The loan was approved on 04/07/2020 by The Merchants & Farmers Bank of Greene County reported 21 jobs and $268,000 was used to fund payroll.

B & e automotive services, llc is Existing or more than 2 years old

B & E AUTOMOTIVE SERVICES, LLC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

B & E AUTOMOTIVE SERVICES, LLC

Borrower Address

157 North Memorial Drive

Borrower City

PRATTVILLE

Borrower State

AL

Borrower Zip

36067-3339

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

268000.00

Current Approval Amount

268000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1972

Servicing Lender Name

Merchants & Farmers Bank of Greene County

Servicing Lender Address

302 Prairie Ave

Servicing Lender City

EUTAW

Servicing Lender State

AL

Servicing Lender Zip

35462-5112

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRATTVILLE

Project County Name

AUTAUGA

Project State

AL

Project Zip

36067-3339

CD

AL-02

Jobs Reported

21

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8600.00

Payroll Proceed

214400.00

Mortgage Interest Proceed

0.00

Rent Proceed

35000.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

1972

Originating Lender

Merchants & Farmers Bank of Greene County

Originating Lender City

EUTAW

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

259469.17

Forgiveness Date

11/05/2020

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