PPP Loan information for Scenic motors inc

$657,300

Scenic motors inc was initially approved for PPP Loan of amount $657,300, the current approved amount is $657,300. The loan was approved on 04/11/2020 by The Skyline National Bank reported 51 jobs and $657,300 was used to fund payroll.

Scenic motors inc is Existing or more than 2 years old

PPP Loan Search / NC / MOUNT AIRY / Scenic motors inc

SCENIC MOTORS INC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SCENIC MOTORS INC

Borrower Address

1992 Rockford STreet

Borrower City

MOUNT AIRY

Borrower State

NC

Borrower Zip

27030-5202

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

657300.00

Current Approval Amount

657300.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

73473

Servicing Lender Name

Skyline National Bank

Servicing Lender Address

113 W Main St

Servicing Lender City

INDEPENDENCE

Servicing Lender State

VA

Servicing Lender Zip

24348

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT AIRY

Project County Name

SURRY

Project State

NC

Project Zip

27030-5202

CD

NC-05

Jobs Reported

51

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

164280.75

Payroll Proceed

493019.25

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

73473

Originating Lender

Skyline National Bank

Originating Lender City

INDEPENDENCE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

661657.99

Forgiveness Date

12/22/2020

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