PPP Loan information for Promaster automotive inc

$53,000

Promaster automotive inc was initially approved for PPP Loan of amount $53,000, the current approved amount is $53,000. The loan was approved on 04/08/2020 by The River Bank & Trust reported 7 jobs and $53,000 was used to fund payroll.

Promaster automotive inc is Existing or more than 2 years old

PROMASTER AUTOMOTIVE INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PROMASTER AUTOMOTIVE INC

Borrower Address

166 COUNTY ROAD 623

Borrower City

ENTERPRISE

Borrower State

AL

Borrower Zip

36330-5708

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53000.00

Current Approval Amount

53000.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ENTERPRISE

Project County Name

COFFEE

Project State

AL

Project Zip

36330-5708

CD

AL-02

Jobs Reported

7

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2650.00

Payroll Proceed

42400.00

Mortgage Interest Proceed

0.00

Rent Proceed

7950.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53689.00

Forgiveness Date

07/28/2021

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