PPP Loan information for Memorial motors inc

$2,478,169

Memorial motors inc was initially approved for PPP Loan of amount $2,756,300, the current approved amount is $2,478,169. The loan was approved on 04/10/2020 by The Truist Bank reported 294 jobs and $2,478,169 was used to fund payroll.

Memorial motors inc is Existing or more than 2 years old

PPP Loan Search / FL / LAKELAND / Memorial motors inc

MEMORIAL MOTORS INC

Date Approved

04/10/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MEMORIAL MOTORS INC

Borrower Address

2925 MALL HILL DR

Borrower City

LAKELAND

Borrower State

FL

Borrower Zip

33810-6716

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2756300.00

Current Approval Amount

2478169.32

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

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKELAND

Project County Name

POLK

Project State

FL

Project Zip

33810-6716

CD

FL-15

Jobs Reported

294

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2478169.32

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2506805.94

Forgiveness Date

06/11/2021

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