PPP Loan information for Crook motor company, inc.

$447,331

Crook motor company, inc. was initially approved for PPP Loan of amount $447,331, the current approved amount is $447,331. The loan was approved on 04/14/2020 by The Uwharrie Bank reported 40 jobs and $447,331 was used to fund payroll.

Crook motor company, inc. is New Business or 2 years or less

PPP Loan Search / NC / Albemarle / Crook motor company, inc.

CROOK MOTOR COMPANY, INC.

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CROOK MOTOR COMPANY, INC.

Borrower Address

1483 North 1st Street

Borrower City

Albemarle

Borrower State

NC

Borrower Zip

28001

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

447331.00

Current Approval Amount

447331.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Albemarle

Project County Name

STANLY

Project State

NC

Project Zip

28001-0001

CD

NC-08

Jobs Reported

40

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

447331.00

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

449903.15

Forgiveness Date

11/17/2020

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