AUTO AUCTION OF MONTGOMERY LLC (AL) - 2020 PPP Loan Borrower Profile (# 1569577109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUTO AUCTION OF MONTGOMERY LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alabama.

Loan Detail

Loan Number

1569577109

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$130,400

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$131,990.16

Date Loan was Forgiven

Jul 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

130,400

Lender

Renasant Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

423110

Borrower Location

PIKE ROAD, AL

Project Location

PIKE ROAD, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.