PPP Loan information for Mike schmitz automotive group, inc.

$1,011,700

Mike schmitz automotive group, inc. was initially approved for PPP Loan of amount $1,011,700, the current approved amount is $1,011,700. The loan was approved on 04/08/2020 by The River Bank & Trust reported 100 jobs and $1,011,700 was used to fund payroll.

Mike schmitz automotive group, inc. is Existing or more than 2 years old

PPP Loan Search / AL / DOTHAN / Mike schmitz automotive group, inc.

MIKE SCHMITZ AUTOMOTIVE GROUP, INC.

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MIKE SCHMITZ AUTOMOTIVE GROUP, INC.

Borrower Address

2309 ROSS CLARK CIR

Borrower City

DOTHAN

Borrower State

AL

Borrower Zip

36301-3595

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1011700.00

Current Approval Amount

1011700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOTHAN

Project County Name

HOUSTON

Project State

AL

Project Zip

36301-3595

CD

AL-02

Jobs Reported

100

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1011700.00

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

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1017882.61

Forgiveness Date

11/23/2020

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