PPP Loan information for Underwood & babb automotive group, llc

$207,608

Underwood & babb automotive group, llc was initially approved for PPP Loan of amount $207,608, the current approved amount is $207,608. The loan was approved on 04/30/2020 by The Ally Bank reported 19 jobs and $207,608 was used to fund payroll.

Underwood & babb automotive group, llc is Existing or more than 2 years old

PPP Loan Search / NC / WHITEVILLE / Underwood & babb automotive group, llc

UNDERWOOD & BABB AUTOMOTIVE GROUP, LLC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

UNDERWOOD & BABB AUTOMOTIVE GROUP, LLC

Borrower Address

501 S. Madison St

Borrower City

WHITEVILLE

Borrower State

NC

Borrower Zip

28472-4127

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

207607.95

Current Approval Amount

207607.95

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WHITEVILLE

Project County Name

COLUMBUS

Project State

NC

Project Zip

28472-4127

CD

NC-07

Jobs Reported

19

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

207607.95

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

Limited Liability Company(LLC)

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

209459.12

Forgiveness Date

03/23/2021

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