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

PPP Loan Search / NC / HUNTERSVILLE / Lake norman motor sales llc

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

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