PPP Loan information for Lee motor company inc

$1,274,975

Lee motor company inc was initially approved for PPP Loan of amount $1,274,975, the current approved amount is $1,274,975. The loan was approved on 04/07/2020 by The Southern Bank and Trust Company reported 128 jobs and $1,274,975 was used to fund payroll.

Lee motor company inc is Existing or more than 2 years old

PPP Loan Search / NC / WILSON / Lee motor company inc

LEE MOTOR COMPANY INC

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LEE MOTOR COMPANY INC

Borrower Address

4170 RALEIGH ROAD PKWY

Borrower City

WILSON

Borrower State

NC

Borrower Zip

27896-9719

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1274975.00

Current Approval Amount

1274975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILSON

Project County Name

WILSON

Project State

NC

Project Zip

27896-9719

CD

NC-01

Jobs Reported

128

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1274975.00

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

Subchapter S Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1290912.19

Forgiveness Date

07/09/2021

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