PPP borrower record

SOUTHTOWNE MOTORS OF NEWNAN, INC. PPP loan record

Public SBA PPP loan record for SOUTHTOWNE MOTORS OF NEWNAN, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$1,782,655
Approved amount
$1,797,213
Forgiven amount
2020-04-11
Date approved

Borrower and loan details

Borrower
SOUTHTOWNE MOTORS OF NEWNAN, INC.
Loan number
3153297103
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Newnan
Borrower state
Georgia
Borrower ZIP
30265
Jobs reported
149
Loan status
Paid in Full
Forgiveness date
2021-02-09
Servicing lender
Ally Bank
Originating lender
Ally Bank

Reported use of proceeds

Payroll
$1,782,655
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.