PPP Loan information for Neuwirth motors, inc

$1,725,387

Neuwirth motors, inc was initially approved for PPP Loan of amount $1,725,387, the current approved amount is $1,725,387. The loan was approved on 04/06/2020 by The Southern Bank and Trust Company reported 121 jobs and $1,725,387 was used to fund payroll.

Neuwirth motors, inc is Existing or more than 2 years old

PPP Loan Search / NC / WILMINGTON / Neuwirth motors, inc

NEUWIRTH MOTORS, INC

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NEUWIRTH MOTORS, INC

Borrower Address

219 COLLEGE RD

Borrower City

WILMINGTON

Borrower State

NC

Borrower Zip

28406-1609

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1725387.00

Current Approval Amount

1725387.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28406-1609

CD

NC-07

Jobs Reported

121

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1725387.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1739525.59

Forgiveness Date

02/04/2021

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