PPP Loan information for Southern vehicle auctions inc

$113,240

Southern vehicle auctions inc was initially approved for PPP Loan of amount $113,240, the current approved amount is $113,240. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 24 jobs and $113,240 was used to fund payroll.

Southern vehicle auctions inc is New Business or 2 years or less

PPP Loan Search / SC / NORTH AUGUSTA / Southern vehicle auctions inc

SOUTHERN VEHICLE AUCTIONS INC

Date Approved

05/03/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

SOUTHERN VEHICLE AUCTIONS INC

Borrower Address

395 HAMBURG RD

Borrower City

NORTH AUGUSTA

Borrower State

SC

Borrower Zip

29841-4140

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113240.00

Current Approval Amount

113240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NORTH AUGUSTA

Project County Name

AIKEN

Project State

SC

Project Zip

29841-4140

CD

SC-02

Jobs Reported

24

NAICS Code

561990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

113240.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114111.79

Forgiveness Date

02/10/2021

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