PPP Loan information for King imports, inc

$672,230

King imports, inc was initially approved for PPP Loan of amount $672,230, the current approved amount is $672,230. The loan was approved on 04/13/2020 by The SouthPoint Bank reported 62 jobs and $672,230 was used to fund payroll.

King imports, inc is Change of Ownership

PPP Loan Search / AL / ANNISTON / King imports, inc

KING IMPORTS, INC

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

KING IMPORTS, INC

Borrower Address

2570 US HIGHWAY 78

Borrower City

ANNISTON

Borrower State

AL

Borrower Zip

36207-8347

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

672230.00

Current Approval Amount

672230.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Change of Ownership

Project City

ANNISTON

Project County Name

CALHOUN

Project State

AL

Project Zip

36207-8347

CD

AL-03

Jobs Reported

62

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

672230.00

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

Unanswered

Non Profit

Forgiveness Amount

680856.95

Forgiveness Date

07/26/2021

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