PPP Loan information for Alabama automotive and ac service, inc

$47,000

Alabama automotive and ac service, inc was initially approved for PPP Loan of amount $47,000, the current approved amount is $47,000. The loan was approved on 04/10/2020 by The Merchants & Farmers Bank of Greene County reported 9 jobs and $47,000 was used to fund payroll.

Alabama automotive and ac service, inc is Existing or more than 2 years old

ALABAMA AUTOMOTIVE AND AC SERVICE, INC

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALABAMA AUTOMOTIVE AND AC SERVICE, INC

Borrower Address

980 S. Memorial Drive

Borrower City

PRATTVILLE

Borrower State

AL

Borrower Zip

36067-5730

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47000.00

Current Approval Amount

47000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1972

Servicing Lender Name

Merchants & Farmers Bank of Greene County

Servicing Lender Address

302 Prairie Ave

Servicing Lender City

EUTAW

Servicing Lender State

AL

Servicing Lender Zip

35462-5112

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PRATTVILLE

Project County Name

AUTAUGA

Project State

AL

Project Zip

36067-5730

CD

AL-02

Jobs Reported

9

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

37600.00

Mortgage Interest Proceed

0.00

Rent Proceed

6400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

1972

Originating Lender

Merchants & Farmers Bank of Greene County

Originating Lender City

EUTAW

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37251.81

Forgiveness Date

12/17/2020

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