PPP Loan information for Reinhardt motors inc

$2,024,648

Reinhardt motors inc was initially approved for PPP Loan of amount $2,498,800, the current approved amount is $2,024,648. The loan was approved on 04/14/2020 by The Truist Bank reported 217 jobs and $2,024,648 was used to fund payroll.

Reinhardt motors inc is Existing or more than 2 years old

PPP Loan Search / AL / MONTGOMERY / Reinhardt motors inc

REINHARDT MOTORS INC

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

REINHARDT MOTORS INC

Borrower Address

911 EASTERN BLVD

Borrower City

MONTGOMERY

Borrower State

AL

Borrower Zip

36117-1916

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2498800.00

Current Approval Amount

2024648.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

MONTGOMERY

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36117-1916

CD

AL-02

Jobs Reported

217

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2024648.00

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

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

2048268.89

Forgiveness Date

06/11/2021

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