PPP Loan information for Southern automotive enterprises, llc

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SOUTHERN AUTOMOTIVE ENTERPRISES, LLC

Borrower Address

375 S. HOUSTON LAKE RD

Borrower City

WARNER ROBINS

Borrower State

GA

Borrower Zip

31088-6395

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1251025.00

Current Approval Amount

1251025.00

Undisbursed Amount

0.00

Franchise Name

Southeast Toyota Distributors, LLC - Toyota Dealer Agreement

Servicing Lender Location Id

19412

Servicing Lender Name

Morris Bank

Servicing Lender Address

301 Bellevue Ave

Servicing Lender City

DUBLIN

Servicing Lender State

GA

Servicing Lender Zip

31021-6105

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARNER ROBINS

Project County Name

HOUSTON

Project State

GA

Project Zip

31088-6395

CD

GA-08

Jobs Reported

129

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30000.00

Payroll Proceed

980616.00

Mortgage Interest Proceed

0.00

Rent Proceed

189997.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50412.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

19412

Originating Lender

Morris Bank

Originating Lender City

DUBLIN

Originating Lender State

GA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1259017.66

Forgiveness Date

12/09/2020