PPP Loan information for Fast times motors inc.

$121,900

Fast times motors inc. was initially approved for PPP Loan of amount $121,900, the current approved amount is $121,900. The loan was approved on 04/27/2020 by The First-Citizens Bank & Trust Company reported 14 jobs and $121,900 was used to fund payroll.

Fast times motors inc. is New Business or 2 years or less

FAST TIMES MOTORS INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FAST TIMES MOTORS INC.

Borrower Address

721 Venture Dr.

Borrower City

Smithfield

Borrower State

NC

Borrower Zip

27577

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121900.00

Current Approval Amount

121900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Smithfield

Project County Name

JOHNSTON

Project State

NC

Project Zip

27577-0001

CD

NC-13

Jobs Reported

14

NAICS Code

441228

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

121900.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

122594.15

Forgiveness Date

11/27/2020

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