PPP Loan information for Regal automotive group, inc.

$3,656,409

Regal automotive group, inc. was initially approved for PPP Loan of amount $8,198,409, the current approved amount is $3,656,409. The loan was approved on 04/14/2020 by The Truist Bank reported 330 jobs and $3,656,409 was used to fund payroll.

Regal automotive group, inc. is Existing or more than 2 years old

PPP Loan Search / FL / LAKELAND / Regal automotive group, inc.

REGAL AUTOMOTIVE GROUP, INC.

Date Approved

04/14/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

REGAL AUTOMOTIVE GROUP, INC.

Borrower Address

925 BARTOW RD

Borrower City

LAKELAND

Borrower State

FL

Borrower Zip

33801-5827

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8198408.85

Current Approval Amount

3656409.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKELAND

Project County Name

POLK

Project State

FL

Project Zip

33801-5827

CD

FL-18

Jobs Reported

330

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3656409.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3694090.33

Forgiveness Date

05/06/2021

;