PPP Loan information for Motorcars & more inc

$23,700

Motorcars & more inc was initially approved for PPP Loan of amount $23,700, the current approved amount is $23,700. The loan was approved on 04/14/2020 by The Peoples Bank reported 4 jobs and $23,700 was used to fund payroll.

Motorcars & more inc is Existing or more than 2 years old

PPP Loan Search / NC / GRANITE FALLS / Motorcars & more inc

MOTORCARS & MORE INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MOTORCARS & MORE INC

Borrower Address

4560 Hickory Blvd

Borrower City

GRANITE FALLS

Borrower State

NC

Borrower Zip

28630

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23700.00

Current Approval Amount

23700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRANITE FALLS

Project County Name

CALDWELL

Project State

NC

Project Zip

28630-0001

CD

NC-10

Jobs Reported

4

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

23700.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

23954.78

Forgiveness Date

05/20/2021

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