PPP Loan information for Georgia elite motors llc

$86,458

Georgia elite motors llc was initially approved for PPP Loan of amount $86,458, the current approved amount is $86,458. The loan was approved on 02/24/2021 by The Citizens Trust Bank reported 6 jobs and $86,458 was used to fund payroll.

Georgia elite motors llc is Existing or more than 2 years old

GEORGIA ELITE MOTORS LLC

Date Approved

02/24/2021

SBA Office Code

0405

Processing Method

PPP

Borrower Name

GEORGIA ELITE MOTORS LLC

Borrower Address

1998 Iris Dr SW

Borrower City

Conyers

Borrower State

GA

Borrower Zip

30094-5046

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86457.50

Current Approval Amount

86457.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17851

Servicing Lender Name

Citizens Trust Bank

Servicing Lender Address

75 Piedmont Ave NE

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30303-2544

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Conyers

Project County Name

ROCKDALE

Project State

GA

Project Zip

30094-5046

CD

GA-04

Jobs Reported

6

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

86451.50

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

Corporation

Originating Lender Location Id

17851

Originating Lender

Citizens Trust Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87209.20

Forgiveness Date

01/11/2022

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