PPP Loan information for Planet automotive group llc

$603,787

Planet automotive group llc was initially approved for PPP Loan of amount $603,787, the current approved amount is $603,787. The loan was approved on 02/23/2021 by The First Horizon Bank reported 33 jobs and $603,787 was used to fund payroll.

Planet automotive group llc is Existing or more than 2 years old

PPP Loan Search / NC / Charlotte / Planet automotive group llc

PLANET AUTOMOTIVE GROUP LLC

Date Approved

02/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PLANET AUTOMOTIVE GROUP LLC

Borrower Address

110 Northchase Dr

Borrower City

Charlotte

Borrower State

NC

Borrower Zip

28213-6840

Loan Status Date

08/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

603787.00

Current Approval Amount

603787.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Charlotte

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28213-6840

CD

NC-12

Jobs Reported

33

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

603782.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

611938.12

Forgiveness Date

07/05/2022

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