Date Approved
04/07/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
MITCH SMITH CHEVROLET, INC.
Borrower Address
1655 Cherokee Ave, SW
Borrower City
CULLMAN
Borrower State
AL
Borrower Zip
35055-5340
Loan Status Date
01/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
959455.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
General Motors, LLC (Chevrolet, Buick, GM, Cadillac) 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
Servicing Lender Zip
35243-1930
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Unanswered
Project City
Project County Name
Project State
Project Zip
CD
AL-04
Jobs Reported
62
NAICS Code
441110
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
965824.72
Forgiveness Date
12/09/2020