PPP Loan information for Mckinnon motors llc

$571,500

Mckinnon motors llc was initially approved for PPP Loan of amount $571,500, the current approved amount is $571,500. The loan was approved on 04/10/2020 by The River Bank & Trust reported 47 jobs and $571,500 was used to fund payroll.

Mckinnon motors llc is Existing or more than 2 years old

MCKINNON MOTORS LLC

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MCKINNON MOTORS LLC

Borrower Address

235 PRICE DR

Borrower City

CLANTON

Borrower State

AL

Borrower Zip

35046-4338

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

571500.00

Current Approval Amount

571500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLANTON

Project County Name

CHILTON

Project State

AL

Project Zip

35046-4338

CD

AL-06

Jobs Reported

47

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13500.00

Payroll Proceed

468100.00

Mortgage Interest Proceed

0.00

Rent Proceed

73400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16500.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

578231.00

Forgiveness Date

06/16/2021

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