PPP Loan information for Blue ridge automotive group inc

$274,000

Blue ridge automotive group inc was initially approved for PPP Loan of amount $274,000, the current approved amount is $274,000. The loan was approved on 04/14/2020 by The United Community Bank reported 27 jobs and $274,000 was used to fund payroll.

Blue ridge automotive group inc is Existing or more than 2 years old

BLUE RIDGE AUTOMOTIVE GROUP INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BLUE RIDGE AUTOMOTIVE GROUP INC

Borrower Address

4170 US HWY 64 W

Borrower City

MURPHY

Borrower State

NC

Borrower Zip

28906

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

274000.00

Current Approval Amount

274000.00

Undisbursed Amount

0.00

Franchise Name

Kia Dealer Sales and Service Agreement

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MURPHY

Project County Name

CHEROKEE

Project State

NC

Project Zip

28906-0001

CD

NC-11

Jobs Reported

27

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

274000.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

275726.58

Forgiveness Date

12/09/2020

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