PPP Loan information for Jackmax automotive, inc.

$1,587,700

Jackmax automotive, inc. was initially approved for PPP Loan of amount $1,587,700, the current approved amount is $1,587,700. The loan was approved on 04/06/2020 by The SouthPoint Bank reported 141 jobs and $1,587,700 was used to fund payroll.

Jackmax automotive, inc. is Existing or more than 2 years old

JACKMAX AUTOMOTIVE, INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

JACKMAX AUTOMOTIVE, INC.

Borrower Address

1300 CENTER POINT PKWY

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35215-6144

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1587700.00

Current Approval Amount

1587700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437056

Servicing Lender Name

SouthPoint Bank

Servicing Lender Address

3501 Grandview Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35243-1930

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35215-6144

CD

AL-07

Jobs Reported

141

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1587700.00

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

437056

Originating Lender

SouthPoint Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1599078.52

Forgiveness Date

12/30/2020

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