PPP Loan information for Dream automotive llc

$343,055

Dream automotive llc was initially approved for PPP Loan of amount $343,055, the current approved amount is $343,055. The loan was approved on 05/13/2021 by The Truist Bank reported 49 jobs and $343,055 was used to fund payroll.

Dream automotive llc is Existing or more than 2 years old

PPP Loan Search / NC / Shelby / Dream automotive llc

DREAM AUTOMOTIVE LLC

Date Approved

05/13/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DREAM AUTOMOTIVE LLC

Borrower Address

631 S Post Rd

Borrower City

Shelby

Borrower State

NC

Borrower Zip

28152-6928

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

343055.32

Current Approval Amount

343055.32

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shelby

Project County Name

CLEVELAND

Project State

NC

Project Zip

28152-6928

CD

NC-10

Jobs Reported

49

NAICS Code

441110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

343053.32

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

345085.06

Forgiveness Date

12/20/2021

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