PPP Loan information for Davenport motor company of rocky mount, inc.

$624,900

Davenport motor company of rocky mount, inc. was initially approved for PPP Loan of amount $624,900, the current approved amount is $624,900. The loan was approved on 04/08/2020 by The Southern Bank and Trust Company reported 45 jobs and $624,900 was used to fund payroll.

Davenport motor company of rocky mount, inc. is Existing or more than 2 years old

PPP Loan Search / NC / ROCKY MOUNT / Davenport motor company of rocky mount, inc.

DAVENPORT MOTOR COMPANY OF ROCKY MOUNT, INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DAVENPORT MOTOR COMPANY OF ROCKY MOUNT, INC.

Borrower Address

600 ENGLISH RD

Borrower City

ROCKY MOUNT

Borrower State

NC

Borrower Zip

27804-9518

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

624900.00

Current Approval Amount

624900.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKY MOUNT

Project County Name

NASH

Project State

NC

Project Zip

27804-9518

CD

NC-01

Jobs Reported

45

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

624900.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

629013.93

Forgiveness Date

12/09/2020

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