PPP Loan information for Classic car motoring inc

$158,342

Classic car motoring inc was initially approved for PPP Loan of amount $158,342, the current approved amount is $158,342. The loan was approved on 03/20/2021 by The First Horizon Bank reported 15 jobs and $158,342 was used to fund payroll.

Classic car motoring inc is Existing or more than 2 years old

CLASSIC CAR MOTORING INC

Date Approved

03/20/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

CLASSIC CAR MOTORING INC

Borrower Address

3900 Grants Mill Rd

Borrower City

Irondale

Borrower State

AL

Borrower Zip

35210-1204

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

158342.00

Current Approval Amount

158342.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Irondale

Project County Name

JEFFERSON

Project State

AL

Project Zip

35210-1204

CD

AL-06

Jobs Reported

15

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

158342.00

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

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

159437.20

Forgiveness Date

12/06/2021

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