PPP Loan information for City motors company ii lc

$174,500

City motors company ii lc was initially approved for PPP Loan of amount $174,500, the current approved amount is $174,500. The loan was approved on 02/23/2021 by The Truist Bank reported 18 jobs and $174,500 was used to fund payroll.

City motors company ii lc is Existing or more than 2 years old

CITY MOTORS COMPANY II LC

Date Approved

02/23/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

CITY MOTORS COMPANY II LC

Borrower Address

3231 S Main St

Borrower City

Harrisonburg

Borrower State

VA

Borrower Zip

22801-2673

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

174500.00

Current Approval Amount

174500.00

Undisbursed Amount

0.00

Franchise Name

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Harrisonburg

Project County Name

HARRISONBURG CITY

Project State

VA

Project Zip

22801-2673

CD

VA-06

Jobs Reported

18

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

174500.00

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

Limited Liability Company(LLC)

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

175411.28

Forgiveness Date

09/01/2021

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