PPP Loan information for King motor co., inc

$774,850

King motor co., inc was initially approved for PPP Loan of amount $774,850, the current approved amount is $774,850. The loan was approved on 04/14/2020 by The SouthPoint Bank reported 69 jobs and $774,850 was used to fund payroll.

King motor co., inc is Existing or more than 2 years old

PPP Loan Search / AL / ANNISTON / King motor co., inc

KING MOTOR CO., INC

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

KING MOTOR CO., INC

Borrower Address

1507 QUINTARD AVE

Borrower City

ANNISTON

Borrower State

AL

Borrower Zip

36201-8250

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

774850.00

Current Approval Amount

774850.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service 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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANNISTON

Project County Name

CALHOUN

Project State

AL

Project Zip

36201-8250

CD

AL-03

Jobs Reported

69

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

774850.00

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

Trust

Originating Lender Location Id

437056

Originating Lender

SouthPoint Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

784793.91

Forgiveness Date

07/26/2021

;