PPP Loan information for Fayetteville motors llc

$1,017,900

Fayetteville motors llc was initially approved for PPP Loan of amount $1,017,900, the current approved amount is $1,017,900. The loan was approved on 05/11/2020 by The Truist Bank reported 84 jobs and $1,017,900 was used to fund payroll.

Fayetteville motors llc is Existing or more than 2 years old

FAYETTEVILLE MOTORS LLC

Date Approved

05/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FAYETTEVILLE MOTORS LLC

Borrower Address

2022 SKIBO ROAD

Borrower City

FAYETTEVILLE

Borrower State

NC

Borrower Zip

28314

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1017900.00

Current Approval Amount

1017900.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28314-0001

CD

NC-09

Jobs Reported

84

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1017900.00

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

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

Unanswered

Non Profit

Forgiveness Amount

1029040.35

Forgiveness Date

06/11/2021

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