PPP Loan information for Andean motor co.

$902,700

Andean motor co. was initially approved for PPP Loan of amount $902,700, the current approved amount is $902,700. The loan was approved on 04/13/2020 by The Regions Bank reported 67 jobs and $902,700 was used to fund payroll.

Andean motor co. is Existing or more than 2 years old

ANDEAN MOTOR CO.

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ANDEAN MOTOR CO.

Borrower Address

527 Atlanta Rd,

Borrower City

Cumming

Borrower State

GA

Borrower Zip

30040-2701

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

902700.00

Current Approval Amount

902700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

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

30040-2701

CD

GA-06

Jobs Reported

67

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

902700.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

918083.00

Forgiveness Date

01/03/2022

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