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Affordable Motors LLC

$39,000 PPP Loan in Lanett, Alabama

Loan Details

Loan Number
8505377100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$39,000
Current Approval
$39,000
Forgiveness Amount
$39,187
Forgiveness Date
Oct 13, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Affordable Motors LLC
Address
107 Gilmer Ave
City
Lanett
State
Alabama
ZIP Code
36863-2000
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-03

Loan Use Breakdown

Payroll
$37,550
Utilities
$700
Mortgage Interest
$750

Lender Information

Servicing Lender
Troy Bank & Trust Company
Originating Lender
Troy Bank & Trust Company

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