PPP Loan information for Grech motors inc

$514,147

Grech motors inc was initially approved for PPP Loan of amount $514,147, the current approved amount is $514,147. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 56 jobs and $514,147 was used to fund payroll.

Grech motors inc is New Business or 2 years or less

GRECH MOTORS INC

Date Approved

05/01/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

GRECH MOTORS INC

Borrower Address

6915 Arlington Ave

Borrower City

Riverside

Borrower State

CA

Borrower Zip

92504

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

514147.00

Current Approval Amount

514147.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Riverside

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92504-1000

CD

CA-39

Jobs Reported

56

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

514147.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

518105.23

Forgiveness Date

02/11/2021

;