PPP Loan information for General motor repair & service inc

$68,923

General motor repair & service inc was initially approved for PPP Loan of amount $68,923, the current approved amount is $68,923. The loan was approved on 01/23/2021 by The Pinnacle Bank reported 9 jobs and $68,923 was used to fund payroll.

General motor repair & service inc is Existing or more than 2 years old

PPP Loan Search / NC / Greensboro / General motor repair & service inc

GENERAL MOTOR REPAIR & SERVICE INC

Date Approved

01/23/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

GENERAL MOTOR REPAIR & SERVICE INC

Borrower Address

2206 Westbrook St

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27407-2524

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68922.50

Current Approval Amount

68922.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27407-2524

CD

NC-06

Jobs Reported

9

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

68918.50

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

69205.74

Forgiveness Date

06/25/2021

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