PPP Loan information for Bavarian motors of charlotte inc.

$17,875

Bavarian motors of charlotte inc. was initially approved for PPP Loan of amount $17,875, the current approved amount is $17,875. The loan was approved on 04/16/2020 by The Farmers & Merchants Bank reported 2 jobs and $17,875 was used to fund payroll.

Bavarian motors of charlotte inc. is Existing or more than 2 years old

PPP Loan Search / NC / KANNAPOLIS / Bavarian motors of charlotte inc.

BAVARIAN MOTORS OF CHARLOTTE INC.

Date Approved

04/16/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BAVARIAN MOTORS OF CHARLOTTE INC.

Borrower Address

1501 N. RIDGE AVE

Borrower City

KANNAPOLIS

Borrower State

NC

Borrower Zip

28083-2780

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17875.00

Current Approval Amount

17875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KANNAPOLIS

Project County Name

ROWAN

Project State

NC

Project Zip

28083-2780

CD

NC-08

Jobs Reported

2

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

17875.00

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

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

15966.72

Forgiveness Date

11/23/2020

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