PPP Loan information for Lanier lincoln-mercury inc.

$296,690

Lanier lincoln-mercury inc. was initially approved for PPP Loan of amount $296,690, the current approved amount is $296,690. The loan was approved on 04/27/2021 by The Nantahala Bank & Trust Company reported 26 jobs and $296,690 was used to fund payroll.

Lanier lincoln-mercury inc. is Existing or more than 2 years old

PPP Loan Search / GA / Gainesville / Lanier lincoln-mercury inc.

LANIER LINCOLN-MERCURY INC.

Date Approved

04/27/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

LANIER LINCOLN-MERCURY INC.

Borrower Address

2407 Browns Bridge Rd

Borrower City

Gainesville

Borrower State

GA

Borrower Zip

30504-6026

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

296690.00

Current Approval Amount

296690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

398145

Servicing Lender Name

Nantahala Bank & Trust Company

Servicing Lender Address

120 Siler Rd

Servicing Lender City

FRANKLIN

Servicing Lender State

NC

Servicing Lender Zip

28734-1985

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gainesville

Project County Name

HALL

Project State

GA

Project Zip

30504-6026

CD

GA-09

Jobs Reported

26

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

296688.00

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

398145

Originating Lender

Nantahala Bank & Trust Company

Originating Lender City

FRANKLIN

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

298527.83

Forgiveness Date

12/14/2021

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