PPP Loan information for Modern motors of thomasville, inc

$59,518

Modern motors of thomasville, inc was initially approved for PPP Loan of amount $59,518, the current approved amount is $59,518. The loan was approved on 04/11/2020 by The Pinnacle Bank reported 9 jobs and $59,518 was used to fund payroll.

Modern motors of thomasville, inc is New Business or 2 years or less

PPP Loan Search / NC / THOMASVILLE / Modern motors of thomasville, inc

MODERN MOTORS OF THOMASVILLE, INC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MODERN MOTORS OF THOMASVILLE, INC

Borrower Address

1025 NATIONAL HIGHWAY

Borrower City

THOMASVILLE

Borrower State

NC

Borrower Zip

27360-2311

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59517.50

Current Approval Amount

59517.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

THOMASVILLE

Project County Name

DAVIDSON

Project State

NC

Project Zip

27360-2311

CD

NC-08

Jobs Reported

9

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59517.50

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60283.89

Forgiveness Date

08/05/2021

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