PPP Loan information for Jack ingram motors inc

$2,165,875

Jack ingram motors inc was initially approved for PPP Loan of amount $2,165,875, the current approved amount is $2,165,875. The loan was approved on 04/15/2020 by The Bank of America, National Association reported 182 jobs and $2,165,875 was used to fund payroll.

Jack ingram motors inc is New Business or 2 years or less

PPP Loan Search / AL / MONTGOMERY / Jack ingram motors inc

JACK INGRAM MOTORS INC

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

JACK INGRAM MOTORS INC

Borrower Address

227 EASTERN BLVD

Borrower City

MONTGOMERY

Borrower State

AL

Borrower Zip

36117-2009

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2165875.00

Current Approval Amount

2165875.00

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

Y

Business Age Description

New Business or 2 years or less

Project City

MONTGOMERY

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36117-2009

CD

AL-02

Jobs Reported

182

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2165875.00

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

2190085.33

Forgiveness Date

06/09/2021

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