PPP Loan information for Lake norman motor sales llc
$1,839,420
Lake norman motor sales llc was initially approved for PPP Loan of amount $1,839,420, the current approved amount is $1,839,420. The loan was approved on 04/15/2020 by The Bank of America, National Association reported 189 jobs and $1,839,420 was used to fund payroll.
Lake norman motor sales llc is Unanswered
LAKE NORMAN MOTOR SALES LLC
Date Approved
04/15/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
LAKE NORMAN MOTOR SALES LLC
Borrower Address
13429 Statesville Rd
Borrower City
HUNTERSVILLE
Borrower State
NC
Borrower Zip
28078-9035
Loan Status Date
06/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1839420.00
Current Approval Amount
1839420.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
9551
Servicing Lender Name
Bank of America, National Association
Servicing Lender Address
100 N Tryon St, Ste 170
Servicing Lender City
CHARLOTTE
Servicing Lender State
NC
Servicing Lender Zip
28202-4024
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Unanswered
Project City
HUNTERSVILLE
Project County Name
MECKLENBURG
Project State
NC
Project Zip
28078-9035
CD
NC-12
Jobs Reported
189
NAICS Code
441110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
0.00
Payroll Proceed
1839420.00
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
9551
Originating Lender
Bank of America, National Association
Originating Lender City
CHARLOTTE
Originating Lender State
NC
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
1858721.31
Forgiveness Date
05/06/2021