PPP Loan information for Lanier-lincoln-mercury, inc.

$282,657

Lanier-lincoln-mercury, inc. was initially approved for PPP Loan of amount $282,657, the current approved amount is $282,657. The loan was approved on 04/27/2020 by The Ally Bank reported 28 jobs and $282,657 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

04/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

LANIER-LINCOLN-MERCURY, INC.

Borrower Address

2407 Browns Bridge Road

Borrower City

Gainesville

Borrower State

GA

Borrower Zip

30528-6026

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

282657.21

Current Approval Amount

282657.21

Undisbursed Amount

0.00

Franchise Name

Lincoln Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gainesville

Project County Name

WHITE

Project State

GA

Project Zip

30528-6026

CD

GA-09

Jobs Reported

28

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

282657.21

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

284918.47

Forgiveness Date

02/17/2021

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