PPP Loan information for Ralph hayes motors, inc.

$983,275

Ralph hayes motors, inc. was initially approved for PPP Loan of amount $983,275, the current approved amount is $983,275. The loan was approved on 04/06/2020 by The First Bank reported 84 jobs and $983,275 was used to fund payroll.

Ralph hayes motors, inc. is Existing or more than 2 years old

PPP Loan Search / SC / ANDERSON / Ralph hayes motors, inc.

RALPH HAYES MOTORS, INC.

Date Approved

04/06/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

RALPH HAYES MOTORS, INC.

Borrower Address

3525 CLEMSON BLVD

Borrower City

ANDERSON

Borrower State

SC

Borrower Zip

29621-1312

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

983274.60

Current Approval Amount

983274.60

Undisbursed Amount

0.00

Franchise Name

Southeast Toyota Distributors, LLC - Toyota Dealer Agreement

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDERSON

Project County Name

ANDERSON

Project State

SC

Project Zip

29621-1312

CD

SC-03

Jobs Reported

84

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20986.33

Payroll Proceed

871619.94

Mortgage Interest Proceed

0.00

Rent Proceed

90668.33

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

989820.78

Forgiveness Date

12/09/2020

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