PPP Loan information for Limbaugh motors, inc

$1,034,600

Limbaugh motors, inc was initially approved for PPP Loan of amount $1,034,600, the current approved amount is $1,034,600. The loan was approved on 04/09/2020 by The ServisFirst Bank reported 105 jobs and $1,034,600 was used to fund payroll.

Limbaugh motors, inc is Existing or more than 2 years old

PPP Loan Search / AL / BIRMINGHAM / Limbaugh motors, inc

LIMBAUGH MOTORS, INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LIMBAUGH MOTORS, INC

Borrower Address

2200 AVENUE V

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35218-2947

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1034600.00

Current Approval Amount

1034600.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

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

35218-2947

CD

AL-07

Jobs Reported

105

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

859400.00

Mortgage Interest Proceed

0.00

Rent Proceed

175200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1043940.14

Forgiveness Date

03/08/2021

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