PPP Loan information for Lafayette ford inc.

$1,254,600

Lafayette ford inc. was initially approved for PPP Loan of amount $1,254,600, the current approved amount is $1,254,600. The loan was approved on 04/10/2020 by The First-Citizens Bank & Trust Company reported 114 jobs and $1,254,600 was used to fund payroll.

Lafayette ford inc. is New Business or 2 years or less

LAFAYETTE FORD INC.

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LAFAYETTE FORD INC.

Borrower Address

5202 Raeford Rd

Borrower City

FAYETTEVILLE

Borrower State

NC

Borrower Zip

28304-3044

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1254600.00

Current Approval Amount

1254600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FAYETTEVILLE

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28304-3044

CD

NC-09

Jobs Reported

114

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1254600.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1266114.82

Forgiveness Date

03/17/2021

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