AUTO FINANCE GROUP INC (AL) - 2020 PPP Loan Borrower Profile (# 7282567008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUTO FINANCE GROUP INC. 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

7282567008

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$104,060

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$105,022.55

Date Loan was Forgiven

Mar 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,300

Payroll Proced

83,248

Mortgage Interest Proceed

10,562

Rent Proceed

7,950

Lender

CB&S Bank

Business Detail

Business Type

Corporation

NAICS

561440

Borrower Location

ATHENS, AL

Project Location

ATHENS, AL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.