PPP Loan information for Coates motor rental inc.

$326,989

Coates motor rental inc. was initially approved for PPP Loan of amount $326,989, the current approved amount is $326,989. The loan was approved on 01/29/2021 by The Southern States Bank reported 32 jobs and $326,989 was used to fund payroll.

Coates motor rental inc. is Existing or more than 2 years old

PPP Loan Search / AL / Madison / Coates motor rental inc.

COATES MOTOR RENTAL INC.

Date Approved

01/29/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

COATES MOTOR RENTAL INC.

Borrower Address

9290 Madison Blvd

Borrower City

Madison

Borrower State

AL

Borrower Zip

35758-9153

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

326989.00

Current Approval Amount

326989.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449992

Servicing Lender Name

Southern States Bank

Servicing Lender Address

615 Quintard Ave

Servicing Lender City

ANNISTON

Servicing Lender State

AL

Servicing Lender Zip

36201-5755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madison

Project County Name

MADISON

Project State

AL

Project Zip

35758-9153

CD

AL-05

Jobs Reported

32

NAICS Code

532111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

326983.00

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

449992

Originating Lender

Southern States Bank

Originating Lender City

ANNISTON

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

329990.13

Forgiveness Date

01/03/2022

;