PPP Loan information for Cook motorcars limited

$321,325

Cook motorcars limited was initially approved for PPP Loan of amount $348,200, the current approved amount is $321,325. The loan was approved on 04/09/2020 by The Truist Bank reported 38 jobs and $321,325 was used to fund payroll.

Cook motorcars limited is Existing or more than 2 years old

COOK MOTORCARS LIMITED

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

COOK MOTORCARS LIMITED

Borrower Address

1136 S Philadelphia Blvd

Borrower City

ABERDEEN

Borrower State

MD

Borrower Zip

21001-3911

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

348200.00

Current Approval Amount

321325.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ABERDEEN

Project County Name

HARFORD

Project State

MD

Project Zip

21001-3911

CD

MD-01

Jobs Reported

38

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

321325.00

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

324466.84

Forgiveness Date

04/08/2021

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