PPP Loan information for H&c motors inc.

$991,847

H&c motors inc. was initially approved for PPP Loan of amount $991,847, the current approved amount is $991,847. The loan was approved on 03/12/2021 by The Truist Bank reported 60 jobs and $991,847 was used to fund payroll.

H&c motors inc. is Existing or more than 2 years old

PPP Loan Search / MD / Rockville / H&c motors inc.

H&C MOTORS INC.

Date Approved

03/12/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

H&C MOTORS INC.

Borrower Address

15531 Frederick Rd

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20855-2110

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

991847.09

Current Approval Amount

991847.09

Undisbursed Amount

0.00

Franchise Name

Kia Dealer Sales and Service Agreement

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20855-2110

CD

MD-08

Jobs Reported

60

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

991845.09

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1002123.73

Forgiveness Date

03/24/2022

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