PPP Loan information for Lee motor company, inc.

$316,700

Lee motor company, inc. was initially approved for PPP Loan of amount $316,700, the current approved amount is $316,700. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 30 jobs and $316,700 was used to fund payroll.

Lee motor company, inc. is Existing or more than 2 years old

PPP Loan Search / AL / MONROEVILLE / Lee motor company, inc.

LEE MOTOR COMPANY, INC.

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LEE MOTOR COMPANY, INC.

Borrower Address

31 S ALABAMA AVE

Borrower City

MONROEVILLE

Borrower State

AL

Borrower Zip

36460-1831

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

316700.00

Current Approval Amount

316700.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONROEVILLE

Project County Name

MONROE

Project State

AL

Project Zip

36460-1831

CD

AL-01

Jobs Reported

30

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15835.00

Payroll Proceed

237525.00

Mortgage Interest Proceed

0.00

Rent Proceed

63340.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

319497.52

Forgiveness Date

02/26/2021

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