PPP Loan information for Gravity motors inc

$121,390

Gravity motors inc was initially approved for PPP Loan of amount $121,390, the current approved amount is $121,390. The loan was approved on 02/03/2021 by The TimePayment Corp. reported 11 jobs and $121,390 was used to fund payroll.

Gravity motors inc is Existing or more than 2 years old

PPP Loan Search / GA / Forest Park / Gravity motors inc

GRAVITY MOTORS INC

Date Approved

02/03/2021

SBA Office Code

0405

Processing Method

PPP

Borrower Name

GRAVITY MOTORS INC

Borrower Address

4040 Jonesboro Rd

Borrower City

Forest Park

Borrower State

GA

Borrower Zip

30297-1036

Loan Status Date

08/04/2022

Loan Status

Charged Off

Term

38

SBA Guaranty Percentage

100

Initial Approval Amount

121390.00

Current Approval Amount

121390.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529811

Servicing Lender Name

TimePayment Corp.

Servicing Lender Address

1600 District Avenue, Suite 200

Servicing Lender City

Burlington

Servicing Lender State

MA

Servicing Lender Zip

01803

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Forest Park

Project County Name

CLAYTON

Project State

GA

Project Zip

30297-1036

CD

GA-05

Jobs Reported

11

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

121386.00

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

Corporation

Originating Lender Location Id

529811

Originating Lender

TimePayment Corp.

Originating Lender City

Burlington

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;