PPP Loan information for Meggs automotive inc

$109,977

Meggs automotive inc was initially approved for PPP Loan of amount $109,977, the current approved amount is $109,977. The loan was approved on 01/21/2021 by The Carolina Bank & Trust Co. reported 12 jobs and $109,977 was used to fund payroll.

Meggs automotive inc is Existing or more than 2 years old

MEGGS AUTOMOTIVE INC

Date Approved

01/21/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

MEGGS AUTOMOTIVE INC

Borrower Address

300 Highway 15-401 Byp E

Borrower City

Bennettsville

Borrower State

SC

Borrower Zip

29512-4438

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

109977.00

Current Approval Amount

109977.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66176

Servicing Lender Name

Carolina Bank & Trust Co.

Servicing Lender Address

112 Main St

Servicing Lender City

LAMAR

Servicing Lender State

SC

Servicing Lender Zip

29069

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bennettsville

Project County Name

MARLBORO

Project State

SC

Project Zip

29512-4438

CD

SC-07

Jobs Reported

12

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

109977.00

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

Corporation

Originating Lender Location Id

66176

Originating Lender

Carolina Bank & Trust Co.

Originating Lender City

LAMAR

Originating Lender State

SC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

110603.72

Forgiveness Date

08/18/2021

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