Date Approved
04/14/2020
SBA Office Code
0464
Processing Method
PPP
Borrower Name
HOOVER MOTORS, INC
Borrower Address
325 N Hwy 52
Borrower City
MONCKS CORNER
Borrower State
SC
Borrower Zip
29461-3919
Loan Status Date
07/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
350254.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Dodge - Sales and Service Agreement
Servicing Lender Location Id
426652
Servicing Lender Name
Ally Bank
Servicing Lender Address
200 W Civic Center Dr
Servicing Lender City
SANDY
Servicing Lender State
UT
Servicing Lender Zip
84070-4207
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BERKELEY
Project State
Project Zip
CD
SC-01
Jobs Reported
NAICS Code
441110
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Unanswered
Veteran
Non Profit
Forgiveness Amount
354427.64
Forgiveness Date
06/24/2021