PPP Loan information for King automobiles inc

$363,800

King automobiles inc was initially approved for PPP Loan of amount $363,800, the current approved amount is $363,800. The loan was approved on 01/20/2021 by The AuburnBank reported 35 jobs and $363,800 was used to fund payroll.

King automobiles inc is Existing or more than 2 years old

PPP Loan Search / AL / Auburn / King automobiles inc

KING AUTOMOBILES INC

Date Approved

01/20/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

KING AUTOMOBILES INC

Borrower Address

973 Opelika Rd

Borrower City

Auburn

Borrower State

AL

Borrower Zip

36830-4023

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

363800.00

Current Approval Amount

363800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44

Servicing Lender Name

AuburnBank

Servicing Lender Address

100 N Gay St

Servicing Lender City

Auburn

Servicing Lender State

AL

Servicing Lender Zip

36830

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Auburn

Project County Name

LEE

Project State

AL

Project Zip

36830-4023

CD

AL-03

Jobs Reported

35

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

363795.00

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

44

Originating Lender

AuburnBank

Originating Lender City

Auburn

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

365538.16

Forgiveness Date

07/26/2021

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