PPP Loan information for Sobh automotive of cumming, inc.

$1,300,800

Sobh automotive of cumming, inc. was initially approved for PPP Loan of amount $1,300,800, the current approved amount is $1,300,800. The loan was approved on 04/28/2020 by The United Community Bank reported 92 jobs and $1,300,800 was used to fund payroll.

Sobh automotive of cumming, inc. is Existing or more than 2 years old

SOBH AUTOMOTIVE OF CUMMING, INC.

Date Approved

04/28/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SOBH AUTOMOTIVE OF CUMMING, INC.

Borrower Address

1105 BUFORD RD

Borrower City

CUMMING

Borrower State

GA

Borrower Zip

30041

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1300800.00

Current Approval Amount

1300800.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CUMMING

Project County Name

FORSYTH

Project State

GA

Project Zip

30041-0001

CD

GA-06

Jobs Reported

92

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1300800.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1313522.89

Forgiveness Date

05/04/2021

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