PPP Loan information for M & m motor company inc

$68,700

M & m motor company inc was initially approved for PPP Loan of amount $68,700, the current approved amount is $68,700. The loan was approved on 04/29/2020 by The First-Citizens Bank & Trust Company reported 9 jobs and $68,700 was used to fund payroll.

M & m motor company inc is New Business or 2 years or less

PPP Loan Search / NC / RANDLEMAN / M & m motor company inc

M & M MOTOR COMPANY INC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

M & M MOTOR COMPANY INC

Borrower Address

9316 US HIGHWAY 220 BUS N

Borrower City

RANDLEMAN

Borrower State

NC

Borrower Zip

27317-8127

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68700.00

Current Approval Amount

68700.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RANDLEMAN

Project County Name

RANDOLPH

Project State

NC

Project Zip

27317-8127

CD

NC-09

Jobs Reported

9

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

68700.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

69334.30

Forgiveness Date

04/08/2021

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