PPP Loan information for Lake norman auto mall llc

$470,700

Lake norman auto mall llc was initially approved for PPP Loan of amount $470,700, the current approved amount is $470,700. The loan was approved on 04/13/2020 by The Truist Bank reported 45 jobs and $470,700 was used to fund payroll.

Lake norman auto mall llc is Existing or more than 2 years old

LAKE NORMAN AUTO MALL LLC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LAKE NORMAN AUTO MALL LLC

Borrower Address

13307 STATESVILLE RD

Borrower City

HUNTERSVILLE

Borrower State

NC

Borrower Zip

28078-9044

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

470700.00

Current Approval Amount

470700.00

Undisbursed Amount

0.00

Franchise Name

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

HUNTERSVILLE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28078-9044

CD

NC-12

Jobs Reported

45

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

470700.00

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

Limited Liability Company(LLC)

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

473576.50

Forgiveness Date

11/30/2020

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