PPP Loan information for Drennen automotive, inc.

$234,382

Drennen automotive, inc. was initially approved for PPP Loan of amount $234,382, the current approved amount is $234,382. The loan was approved on 01/23/2021 by The ServisFirst Bank reported 21 jobs and $234,382 was used to fund payroll.

Drennen automotive, inc. is Existing or more than 2 years old

PPP Loan Search / AL / BIRMINGHAM / Drennen automotive, inc.

DRENNEN AUTOMOTIVE, INC.

Date Approved

01/23/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

DRENNEN AUTOMOTIVE, INC.

Borrower Address

DBA FRANKLIN AUTOMOTIVE 2880 ACTON ROAD

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35243

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

234382.00

Current Approval Amount

234382.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35243

CD

AL-06

Jobs Reported

21

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

234380.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

235807.82

Forgiveness Date

09/07/2021

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