PPP Loan information for Raleigh market area, inc

$339,987

Raleigh market area, inc was initially approved for PPP Loan of amount $339,987, the current approved amount is $339,987. The loan was approved on 04/11/2020 by The Ally Bank reported 34 jobs and $339,987 was used to fund payroll.

Raleigh market area, inc is Existing or more than 2 years old

PPP Loan Search / NC / FAYETTEVILLE / Raleigh market area, inc

RALEIGH MARKET AREA, INC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RALEIGH MARKET AREA, INC

Borrower Address

1637 Skibo Rd.

Borrower City

FAYETTEVILLE

Borrower State

NC

Borrower Zip

28303-3481

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

339986.99

Current Approval Amount

339986.99

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28303-3481

CD

NC-09

Jobs Reported

34

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

339986.99

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

Subchapter S Corporation

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

342196.91

Forgiveness Date

12/09/2020

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