PPP Loan information for Loyalty motors richmonds llc

$349,390

Loyalty motors richmonds llc was initially approved for PPP Loan of amount $349,390, the current approved amount is $349,390. The loan was approved on 04/14/2020 by The Truist Bank reported 37 jobs and $349,390 was used to fund payroll.

Loyalty motors richmonds llc is Existing or more than 2 years old

LOYALTY MOTORS RICHMONDS LLC

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LOYALTY MOTORS RICHMONDS LLC

Borrower Address

2833 S Crater Rd

Borrower City

PETERSBURG

Borrower State

VA

Borrower Zip

23805

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

349390.00

Current Approval Amount

349390.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PETERSBURG

Project County Name

PETERSBURG CITY

Project State

VA

Project Zip

23805-0001

CD

VA-04

Jobs Reported

37

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

349390.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

353107.12

Forgiveness Date

05/11/2021

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