PPP Loan information for Momentum motorcars, inc.

$131,500

Momentum motorcars, inc. was initially approved for PPP Loan of amount $131,500, the current approved amount is $131,500. The loan was approved on 04/30/2020 by The Truist Bank reported 9 jobs and $131,500 was used to fund payroll.

Momentum motorcars, inc. is Existing or more than 2 years old

PPP Loan Search / GA / Marietta / Momentum motorcars, inc.

MOMENTUM MOTORCARS, INC.

Date Approved

04/30/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MOMENTUM MOTORCARS, INC.

Borrower Address

904 Cobb Pkwy SE

Borrower City

Marietta

Borrower State

GA

Borrower Zip

30060

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131500.00

Current Approval Amount

131500.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Marietta

Project County Name

COBB

Project State

GA

Project Zip

30060-0001

CD

GA-11

Jobs Reported

9

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

131500.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

132416.85

Forgiveness Date

01/14/2021

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