PPP Loan information for Paramount motor sales llc

$1,781,600

Paramount motor sales llc was initially approved for PPP Loan of amount $1,781,600, the current approved amount is $1,781,600. The loan was approved on 04/14/2020 by The Truist Bank reported 185 jobs and $1,781,600 was used to fund payroll.

Paramount motor sales llc is Existing or more than 2 years old

PPP Loan Search / NC / HICKORY / Paramount motor sales llc

PARAMOUNT MOTOR SALES LLC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PARAMOUNT MOTOR SALES LLC

Borrower Address

1234 S CENTER ST

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28602-5042

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1781600.00

Current Approval Amount

1781600.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28602-5042

CD

NC-10

Jobs Reported

185

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1781600.00

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

1797189.00

Forgiveness Date

03/02/2021

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