Birmingham Auto Acquisitions INC

$507,440 PPP Loan in Pelham, Alabama

Loan Details

Loan Number
3677927201
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$507,440
Current Approval
$507,440
Forgiveness Amount
$513,112
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Birmingham Auto Acquisitions INC
Address
2200 Highway 31 South
City
Pelham
State
Alabama
ZIP Code
35124-1374
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Kia Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$13.1M
Rural/Urban
Urban
Congressional District
AL-06

Loan Use Breakdown

Payroll
$460,000
Rent
$35,000
Utilities
$12,440

Lender Information

Servicing Lender
First Bank of Boaz
Originating Lender
First Bank of Boaz

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