PPP Loan information for Pitts automotive group, inc.

$742,530

Pitts automotive group, inc. was initially approved for PPP Loan of amount $742,530, the current approved amount is $742,530. The loan was approved on 04/10/2020 by The Morris Bank reported 61 jobs and $742,530 was used to fund payroll.

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

PITTS AUTOMOTIVE GROUP, INC.

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

PITTS AUTOMOTIVE GROUP, INC.

Borrower Address

210 JEFFERSON ST

Borrower City

DUBLIN

Borrower State

GA

Borrower Zip

31021-6122

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

742530.00

Current Approval Amount

742530.00

Undisbursed Amount

0.00

Franchise Name

Southeast Toyota Distributors, LLC - Toyota Dealer Agreement

Servicing Lender Location Id

19412

Servicing Lender Name

Morris Bank

Servicing Lender Address

301 Bellevue Ave

Servicing Lender City

DUBLIN

Servicing Lender State

GA

Servicing Lender Zip

31021-6105

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUBLIN

Project County Name

LAURENS

Project State

GA

Project Zip

31021-6122

CD

GA-12

Jobs Reported

61

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21827.00

Payroll Proceed

659720.00

Mortgage Interest Proceed

0.00

Rent Proceed

25070.00

Refinance EIDL Proceed

0.00

Health Care Proceed

35913.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

19412

Originating Lender

Morris Bank

Originating Lender City

DUBLIN

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

749687.16

Forgiveness Date

03/31/2021

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