PPP Loan information for Martin motors of south carlina inc

$223,200

Martin motors of south carlina inc was initially approved for PPP Loan of amount $223,200, the current approved amount is $223,200. The loan was approved on 03/10/2021 by The Franklin Bank & Trust Company reported 17 jobs and $223,200 was used to fund payroll.

Martin motors of south carlina inc is Existing or more than 2 years old

MARTIN MOTORS OF SOUTH CARLINA INC

Date Approved

03/10/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

MARTIN MOTORS OF SOUTH CARLINA INC

Borrower Address

452 Highway 38 S

Borrower City

Bennettsville

Borrower State

SC

Borrower Zip

29512-4635

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

223200.00

Current Approval Amount

223200.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

27010

Servicing Lender Name

Franklin Bank & Trust Company

Servicing Lender Address

317 N Main St

Servicing Lender City

FRANKLIN

Servicing Lender State

KY

Servicing Lender Zip

42134-1815

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bennettsville

Project County Name

MARLBORO

Project State

SC

Project Zip

29512-4635

CD

SC-07

Jobs Reported

17

NAICS Code

441110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

223198.00

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

27010

Originating Lender

Franklin Bank & Trust Company

Originating Lender City

FRANKLIN

Originating Lender State

KY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

224142.40

Forgiveness Date

08/11/2021

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