PPP Loan information for Florence auto acquisitions

$183,680

Florence auto acquisitions was initially approved for PPP Loan of amount $183,680, the current approved amount is $183,680. The loan was approved on 04/16/2020 by The First Bank of Boaz reported 42 jobs and $183,680 was used to fund payroll.

Florence auto acquisitions is Existing or more than 2 years old

FLORENCE AUTO ACQUISITIONS

Date Approved

04/16/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FLORENCE AUTO ACQUISITIONS

Borrower Address

2261 Florence Blvd

Borrower City

Florence

Borrower State

AL

Borrower Zip

35630-2852

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183680.00

Current Approval Amount

183680.00

Undisbursed Amount

0.00

Franchise Name

Hyundai Motor America - Dealer Sales and Service Agreement

Servicing Lender Location Id

1866

Servicing Lender Name

First Bank of Boaz

Servicing Lender Address

124 S Main St

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957-2002

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Florence

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35630-2852

CD

AL-05

Jobs Reported

42

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5380.00

Payroll Proceed

165300.00

Mortgage Interest Proceed

0.00

Rent Proceed

13000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

1866

Originating Lender

First Bank of Boaz

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

185149.44

Forgiveness Date

02/03/2021

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