PPP Loan information for Prestige motors of asheville inc

$911,671

Prestige motors of asheville inc was initially approved for PPP Loan of amount $1,043,900, the current approved amount is $911,671. The loan was approved on 04/14/2020 by The Truist Bank reported 81 jobs and $911,671 was used to fund payroll.

Prestige motors of asheville inc is Existing or more than 2 years old

PPP Loan Search / NC / ASHEVILLE / Prestige motors of asheville inc

PRESTIGE MOTORS OF ASHEVILLE INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PRESTIGE MOTORS OF ASHEVILLE INC

Borrower Address

585 TUNNEL RD

Borrower City

ASHEVILLE

Borrower State

NC

Borrower Zip

28805-1941

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1043900.00

Current Approval Amount

911671.00

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

ASHEVILLE

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28805-1941

CD

NC-11

Jobs Reported

81

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

911671.00

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

Subchapter S 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

917470.24

Forgiveness Date

12/09/2020

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