PPP Loan information for Quality automobile sales, inc

$49,750

Quality automobile sales, inc was initially approved for PPP Loan of amount $30,000, the current approved amount is $49,750. The loan was approved on 04/28/2020 by The Cadence Bank reported 5 jobs and $49,750 was used to fund payroll.

Quality automobile sales, inc is Existing or more than 2 years old

QUALITY AUTOMOBILE SALES, INC

Date Approved

04/28/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

QUALITY AUTOMOBILE SALES, INC

Borrower Address

4285 ATLANTA HWY

Borrower City

ATHENS

Borrower State

GA

Borrower Zip

30606-0826

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

49750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATHENS

Project County Name

CLARKE

Project State

GA

Project Zip

30606-0826

CD

GA-10

Jobs Reported

5

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

600.00

Payroll Proceed

42250.00

Mortgage Interest Proceed

6900.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50211.57

Forgiveness Date

04/14/2021

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