PPP Loan information for Triangle motor sales, inc.

$2,311,008

Triangle motor sales, inc. was initially approved for PPP Loan of amount $2,311,008, the current approved amount is $2,311,008. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 218 jobs and $2,311,008 was used to fund payroll.

Triangle motor sales, inc. is New Business or 2 years or less

PPP Loan Search / NC / DURHAM / Triangle motor sales, inc.

TRIANGLE MOTOR SALES, INC.

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TRIANGLE MOTOR SALES, INC.

Borrower Address

4516 DURHAM CHAPEL HILL BOULEVARD

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27707-2511

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2311007.50

Current Approval Amount

2311007.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27707-2511

CD

NC-04

Jobs Reported

218

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2311007.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2345159.06

Forgiveness Date

10/13/2021

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