PPP Loan information for Bice motors inc

$194,464

Bice motors inc was initially approved for PPP Loan of amount $194,464, the current approved amount is $194,464. The loan was approved on 03/13/2021 by The Truist Bank reported 18 jobs and $194,464 was used to fund payroll.

Bice motors inc is Existing or more than 2 years old

PPP Loan Search / AL / Alexander City / Bice motors inc

BICE MOTORS INC

Date Approved

03/13/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

BICE MOTORS INC

Borrower Address

2133 Cherokee Rd

Borrower City

Alexander City

Borrower State

AL

Borrower Zip

35010-3442

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

194464.00

Current Approval Amount

194464.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alexander City

Project County Name

TALLAPOOSA

Project State

AL

Project Zip

35010-3442

CD

AL-03

Jobs Reported

18

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

194460.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196127.75

Forgiveness Date

01/25/2022

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