PPP Loan information for Russel's automotive, inc.

$49,500

Russel's automotive, inc. was initially approved for PPP Loan of amount $49,500, the current approved amount is $49,500. The loan was approved on 04/07/2020 by The United Bank reported 7 jobs and $49,500 was used to fund payroll.

Russel's automotive, inc. is Existing or more than 2 years old

PPP Loan Search / GA / HAMPTON / Russel's automotive, inc.

RUSSEL'S AUTOMOTIVE, INC.

Date Approved

04/07/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

RUSSEL'S AUTOMOTIVE, INC.

Borrower Address

88 Woolsey Rd.

Borrower City

HAMPTON

Borrower State

GA

Borrower Zip

30228-2921

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49500.00

Current Approval Amount

49500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19839

Servicing Lender Name

United Bank

Servicing Lender Address

420 Griffin St

Servicing Lender City

ZEBULON

Servicing Lender State

GA

Servicing Lender Zip

30295-6687

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAMPTON

Project County Name

HENRY

Project State

GA

Project Zip

30228-2921

CD

GA-03

Jobs Reported

7

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4500.00

Payroll Proceed

40000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

19839

Originating Lender

United Bank

Originating Lender City

ZEBULON

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49802.50

Forgiveness Date

11/25/2020

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