PPP Loan information for Regal motors inc

$52,225

Regal motors inc was initially approved for PPP Loan of amount $52,225, the current approved amount is $52,225. The loan was approved on 01/30/2021 by The Bank of America, National Association reported 3 jobs and $52,225 was used to fund payroll.

Regal motors inc is Existing or more than 2 years old

REGAL MOTORS INC

Date Approved

01/30/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

REGAL MOTORS INC

Borrower Address

11180 State Bridge Rd Ste 203

Borrower City

Alpharetta

Borrower State

GA

Borrower Zip

30022-7483

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52225.00

Current Approval Amount

52225.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alpharetta

Project County Name

FULTON

Project State

GA

Project Zip

30022-7483

CD

GA-07

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52225.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52508.30

Forgiveness Date

08/18/2021

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