PPP Loan information for Young's motor co inc

$30,666

Young's motor co inc was initially approved for PPP Loan of amount $30,666, the current approved amount is $30,666. The loan was approved on 03/30/2021 by The Truist Bank reported 3 jobs and $30,666 was used to fund payroll.

Young's motor co inc is Existing or more than 2 years old

PPP Loan Search / NC / Benson / Young's motor co inc

YOUNG'S MOTOR CO INC

Date Approved

03/30/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

YOUNG'S MOTOR CO INC

Borrower Address

506 S Wall St

Borrower City

Benson

Borrower State

NC

Borrower Zip

27504-1822

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30666.43

Current Approval Amount

30666.43

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Benson

Project County Name

JOHNSTON

Project State

NC

Project Zip

27504-1822

CD

NC-13

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30666.43

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

31017.39

Forgiveness Date

05/19/2022

;