PPP Loan information for Gadsden auto acquisitions inc

$426,642

Gadsden auto acquisitions inc was initially approved for PPP Loan of amount $426,642, the current approved amount is $426,642. The loan was approved on 04/09/2020 by The First Bank of Boaz reported 87 jobs and $426,642 was used to fund payroll.

Gadsden auto acquisitions inc is Existing or more than 2 years old

PPP Loan Search / AL / Gadsden / Gadsden auto acquisitions inc

GADSDEN AUTO ACQUISITIONS INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GADSDEN AUTO ACQUISITIONS INC

Borrower Address

1149 1st Ave

Borrower City

Gadsden

Borrower State

AL

Borrower Zip

35901-3545

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

426642.00

Current Approval Amount

426642.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

1866

Servicing Lender Name

First Bank of Boaz

Servicing Lender Address

124 S Main St

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957-2002

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gadsden

Project County Name

ETOWAH

Project State

AL

Project Zip

35901-3545

CD

AL-04

Jobs Reported

87

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8642.00

Payroll Proceed

405000.00

Mortgage Interest Proceed

0.00

Rent Proceed

13000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

1866

Originating Lender

First Bank of Boaz

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

430429.18

Forgiveness Date

03/05/2021

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