PPP Loan information for Birmingham luxury motors, inc

$345,000

Birmingham luxury motors, inc was initially approved for PPP Loan of amount $345,000, the current approved amount is $345,000. The loan was approved on 04/07/2020 by The Financial Federal Bank reported 25 jobs and $345,000 was used to fund payroll.

Birmingham luxury motors, inc is Existing or more than 2 years old

PPP Loan Search / AL / BIRMINGHAM / Birmingham luxury motors, inc

BIRMINGHAM LUXURY MOTORS, INC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BIRMINGHAM LUXURY MOTORS, INC

Borrower Address

3501 4TH AVE

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35222-2415

Loan Status Date

06/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

345000.00

Current Approval Amount

345000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89795

Servicing Lender Name

Financial Federal Bank

Servicing Lender Address

1715 Aaron Brenner Dr, Ste 100

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38120-1444

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35222-2415

CD

AL-07

Jobs Reported

25

NAICS Code

441120

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

43125.00

Payroll Proceed

258750.00

Mortgage Interest Proceed

0.00

Rent Proceed

43125.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

89795

Originating Lender

Financial Federal Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

350472.08

Forgiveness Date

11/09/2021

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