PPP Loan information for Tlc motors inc

$255,023

Tlc motors inc was initially approved for PPP Loan of amount $255,023, the current approved amount is $255,023. The loan was approved on 04/11/2020 by The Arthur State Bank reported 32 jobs and $255,023 was used to fund payroll.

Tlc motors inc is Existing or more than 2 years old

TLC MOTORS INC

Date Approved

04/11/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

TLC MOTORS INC

Borrower Address

1002 E. BLACKSTOCK ROAD

Borrower City

MOORE

Borrower State

SC

Borrower Zip

29369-9650

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

255023.10

Current Approval Amount

255023.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66364

Servicing Lender Name

Arthur State Bank

Servicing Lender Address

100 E Main St

Servicing Lender City

UNION

Servicing Lender State

SC

Servicing Lender Zip

29379-2325

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOORE

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29369-9650

CD

SC-04

Jobs Reported

32

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1142.00

Payroll Proceed

239704.76

Mortgage Interest Proceed

2927.00

Rent Proceed

11249.34

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66364

Originating Lender

Arthur State Bank

Originating Lender City

UNION

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

256411.56

Forgiveness Date

11/03/2020

;