PPP Loan information for Boyd chevrolet-buick-gmc truck inc.

$568,778

Boyd chevrolet-buick-gmc truck inc. was initially approved for PPP Loan of amount $568,778, the current approved amount is $568,778. The loan was approved on 04/07/2020 by The First Horizon Bank reported 60 jobs and $568,778 was used to fund payroll.

Boyd chevrolet-buick-gmc truck inc. is Existing or more than 2 years old

BOYD CHEVROLET-BUICK-GMC TRUCK INC.

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BOYD CHEVROLET-BUICK-GMC TRUCK INC.

Borrower Address

1025 MARTIN LUTHER KING JR AVE

Borrower City

OXFORD

Borrower State

NC

Borrower Zip

27565-3657

Loan Status Date

06/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

568777.82

Current Approval Amount

568777.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OXFORD

Project County Name

GRANVILLE

Project State

NC

Project Zip

27565-3657

CD

NC-04

Jobs Reported

60

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

53756.00

Payroll Proceed

455021.82

Mortgage Interest Proceed

0.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

580658.96

Forgiveness Date

05/20/2022

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