PPP Loan information for City motors company llc

$177,200

City motors company llc was initially approved for PPP Loan of amount $177,200, the current approved amount is $177,200. The loan was approved on 04/08/2020 by The Truist Bank reported 18 jobs and $177,200 was used to fund payroll.

City motors company llc is Existing or more than 2 years old

PPP Loan Search / VA / HARRISONBURG / City motors company llc

CITY MOTORS COMPANY LLC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CITY MOTORS COMPANY LLC

Borrower Address

3231 s main st

Borrower City

HARRISONBURG

Borrower State

VA

Borrower Zip

22801-2673

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177200.00

Current Approval Amount

177200.00

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

177200.00

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

178661.90

Forgiveness Date

02/16/2021

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