PPP Loan information for Auto city motors, inc

$24,400

Auto city motors, inc was initially approved for PPP Loan of amount $24,400, the current approved amount is $24,400. The loan was approved on 05/06/2020 by The MBE Capital Partners reported 5 jobs and $24,400 was used to fund payroll.

Auto city motors, inc is Existing or more than 2 years old

PPP Loan Search / NC / Clayton / Auto city motors, inc

AUTO CITY MOTORS, INC

Date Approved

05/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AUTO CITY MOTORS, INC

Borrower Address

13575 US 70 Business Hwy WEST

Borrower City

Clayton

Borrower State

NC

Borrower Zip

27520

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24400.00

Current Approval Amount

24400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529431

Servicing Lender Name

MBE Capital Partners

Servicing Lender Address

1 Bridge Plaza N. # 550

Servicing Lender City

Fort Lee

Servicing Lender State

NJ

Servicing Lender Zip

07024

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clayton

Project County Name

JOHNSTON

Project State

NC

Project Zip

27520-1400

CD

NC-13

Jobs Reported

5

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24400.00

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

Corporation

Originating Lender Location Id

529431

Originating Lender

MBE Capital Partners

Originating Lender City

Fort Lee

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

24679.24

Forgiveness Date

07/15/2021

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