PPP Loan information for Sheffield motors inc

$41,930

Sheffield motors inc was initially approved for PPP Loan of amount $41,930, the current approved amount is $41,930. The loan was approved on 04/13/2020 by The Cadence Bank reported 6 jobs and $41,930 was used to fund payroll.

Sheffield motors inc is New Business or 2 years or less

PPP Loan Search / AL / THOMASVILLE / Sheffield motors inc

SHEFFIELD MOTORS INC

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SHEFFIELD MOTORS INC

Borrower Address

33737 HWY 43

Borrower City

THOMASVILLE

Borrower State

AL

Borrower Zip

36784

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41930.00

Current Approval Amount

41930.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

THOMASVILLE

Project County Name

CLARKE

Project State

AL

Project Zip

36784-0001

CD

AL-07

Jobs Reported

6

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41930.00

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42165.27

Forgiveness Date

11/12/2020

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