PPP Loan information for Black automotive group inc.

$583,700

Black automotive group inc. was initially approved for PPP Loan of amount $583,700, the current approved amount is $583,700. The loan was approved on 04/07/2020 by The BlueHarbor Bank reported 63 jobs and $583,700 was used to fund payroll.

Black automotive group inc. is Existing or more than 2 years old

PPP Loan Search / NC / STATESVILLE / Black automotive group inc.

BLACK AUTOMOTIVE GROUP INC.

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BLACK AUTOMOTIVE GROUP INC.

Borrower Address

809 SALISBURY RD

Borrower City

STATESVILLE

Borrower State

NC

Borrower Zip

28677-6223

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

583700.00

Current Approval Amount

583700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

453003

Servicing Lender Name

BlueHarbor Bank

Servicing Lender Address

106 Corporate Park Dr

Servicing Lender City

MOORESVILLE

Servicing Lender State

NC

Servicing Lender Zip

28117-7133

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STATESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28677-6223

CD

NC-10

Jobs Reported

63

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

583700.00

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

Subchapter S Corporation

Originating Lender Location Id

453003

Originating Lender

BlueHarbor Bank

Originating Lender City

MOORESVILLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

589261.36

Forgiveness Date

04/14/2021

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