PPP Loan information for Carolina family motors

$111,700

Carolina family motors was initially approved for PPP Loan of amount $111,700, the current approved amount is $111,700. The loan was approved on 04/06/2020 by The United Community Bank reported 9 jobs and $111,700 was used to fund payroll.

Carolina family motors is Existing or more than 2 years old

CAROLINA FAMILY MOTORS

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CAROLINA FAMILY MOTORS

Borrower Address

2722 CHARLOTTE HWY

Borrower City

MOORESVILLE

Borrower State

NC

Borrower Zip

28117-8050

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111700.00

Current Approval Amount

111700.00

Undisbursed Amount

0.00

Franchise Name

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOORESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28117-8050

CD

NC-10

Jobs Reported

9

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

111700.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

112776.66

Forgiveness Date

03/30/2021

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