PPP Loan information for Massey motor company

$420,800

Massey motor company was initially approved for PPP Loan of amount $420,800, the current approved amount is $420,800. The loan was approved on 04/14/2020 by The Truist Bank reported 39 jobs and $420,800 was used to fund payroll.

Massey motor company is Existing or more than 2 years old

MASSEY MOTOR COMPANY

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MASSEY MOTOR COMPANY

Borrower Address

4760 Hwy 70 West

Borrower City

KINSTON

Borrower State

NC

Borrower Zip

28504

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

420800.00

Current Approval Amount

420800.00

Undisbursed Amount

0.00

Franchise Name

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KINSTON

Project County Name

LENOIR

Project State

NC

Project Zip

28504-0001

CD

NC-03

Jobs Reported

39

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

420800.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

424739.16

Forgiveness Date

03/31/2021

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