PPP Loan information for Cabriolet motors inc

$87,238

Cabriolet motors inc was initially approved for PPP Loan of amount $87,238, the current approved amount is $87,238. The loan was approved on 03/13/2021 by The United Bank reported 15 jobs and $87,238 was used to fund payroll.

Cabriolet motors inc is Existing or more than 2 years old

CABRIOLET MOTORS INC

Date Approved

03/13/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CABRIOLET MOTORS INC

Borrower Address

9520 Lumley Rd

Borrower City

Morrisville

Borrower State

NC

Borrower Zip

27560-7497

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87237.88

Current Approval Amount

87237.88

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morrisville

Project County Name

DURHAM

Project State

NC

Project Zip

27560-7497

CD

NC-02

Jobs Reported

15

NAICS Code

451211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

87234.88

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88012.44

Forgiveness Date

02/10/2022

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