PPP Loan information for Mike freeman chevrolet inc

$86,175

Mike freeman chevrolet inc was initially approved for PPP Loan of amount $86,175, the current approved amount is $86,175. The loan was approved on 04/09/2020 by The State Bank & Trust reported 8 jobs and $86,175 was used to fund payroll.

Mike freeman chevrolet inc is Existing or more than 2 years old

PPP Loan Search / AL / FAYETTE / Mike freeman chevrolet inc

MIKE FREEMAN CHEVROLET INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MIKE FREEMAN CHEVROLET INC

Borrower Address

2352 TEMPLE AVE

Borrower City

FAYETTE

Borrower State

AL

Borrower Zip

35555-1124

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86175.00

Current Approval Amount

86175.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

3379

Servicing Lender Name

State Bank & Trust

Servicing Lender Address

1945 US Hwy 43

Servicing Lender City

WINFIELD

Servicing Lender State

AL

Servicing Lender Zip

35594-5158

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTE

Project County Name

FAYETTE

Project State

AL

Project Zip

35555-1124

CD

AL-04

Jobs Reported

8

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

21544.00

Payroll Proceed

64631.00

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

3379

Originating Lender

State Bank & Trust

Originating Lender City

WINFIELD

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87101.38

Forgiveness Date

05/06/2021

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