PPP Loan information for Michaels auto sales & towing inc

$28,800

Michaels auto sales & towing inc was initially approved for PPP Loan of amount $28,800, the current approved amount is $28,800. The loan was approved on 04/15/2020 by The Truist Bank reported 4 jobs and $28,800 was used to fund payroll.

Michaels auto sales & towing inc is Existing or more than 2 years old

PPP Loan Search / AL / ADAMSVILLE / Michaels auto sales & towing inc

MICHAELS AUTO SALES & TOWING INC

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MICHAELS AUTO SALES & TOWING INC

Borrower Address

5520 Sanders Ave

Borrower City

ADAMSVILLE

Borrower State

AL

Borrower Zip

35005-1149

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28800.00

Current Approval Amount

28800.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

ADAMSVILLE

Project County Name

JEFFERSON

Project State

AL

Project Zip

35005-1149

CD

AL-06

Jobs Reported

4

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

28800.00

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

29056.80

Forgiveness Date

03/11/2021

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