PPP Loan information for 4042 motors llc

$140,500

4042 motors llc was initially approved for PPP Loan of amount $140,500, the current approved amount is $140,500. The loan was approved on 02/25/2021 by The Readycap Lending, LLC reported 13 jobs and $140,500 was used to fund payroll.

4042 motors llc is Existing or more than 2 years old

PPP Loan Search / NC / Garner / 4042 motors llc

4042 MOTORS LLC

Date Approved

02/25/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

4042 MOTORS LLC

Borrower Address

12606 Cleveland Rd

Borrower City

Garner

Borrower State

NC

Borrower Zip

27529-7933

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

140500.00

Current Approval Amount

140500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Garner

Project County Name

JOHNSTON

Project State

NC

Project Zip

27529-7933

CD

NC-13

Jobs Reported

13

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

140498.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

141023.51

Forgiveness Date

07/19/2021

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