PPP Loan information for Champion ford lincoln inc

$280,256

Champion ford lincoln inc was initially approved for PPP Loan of amount $280,256, the current approved amount is $280,256. The loan was approved on 04/11/2020 by The First Horizon Bank reported 28 jobs and $280,256 was used to fund payroll.

Champion ford lincoln inc is Existing or more than 2 years old

CHAMPION FORD LINCOLN INC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CHAMPION FORD LINCOLN INC

Borrower Address

706 E Highway 74

Borrower City

ROCKINGHAM

Borrower State

NC

Borrower Zip

28379-7524

Loan Status Date

10/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

280256.00

Current Approval Amount

280256.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKINGHAM

Project County Name

RICHMOND

Project State

NC

Project Zip

28379-7524

CD

NC-08

Jobs Reported

28

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

224205.00

Mortgage Interest Proceed

7000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

31051

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

286803.09

Forgiveness Date

08/24/2022

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