PPP Loan information for Kinsel auto group inc

$928,355

Kinsel auto group inc was initially approved for PPP Loan of amount $928,355, the current approved amount is $928,355. The loan was approved on 04/09/2020 by The Truist Bank reported 72 jobs and $928,355 was used to fund payroll.

Kinsel auto group inc is Existing or more than 2 years old

PPP Loan Search / TX / BEAUMONT / Kinsel auto group inc

KINSEL AUTO GROUP INC

Date Approved

04/09/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

KINSEL AUTO GROUP INC

Borrower Address

4235 EASTEX FWY

Borrower City

BEAUMONT

Borrower State

TX

Borrower Zip

77706-7113

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

928355.00

Current Approval Amount

928355.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEAUMONT

Project County Name

JEFFERSON

Project State

TX

Project Zip

77706-7113

CD

TX-14

Jobs Reported

72

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

928355.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

934311.94

Forgiveness Date

12/08/2020

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