PPP Loan information for Shelby motors llc

$490,387

Shelby motors llc was initially approved for PPP Loan of amount $490,387, the current approved amount is $490,387. The loan was approved on 04/09/2020 by The Toyota Financial Savings Bank reported 39 jobs and $490,387 was used to fund payroll.

Shelby motors llc is Existing or more than 2 years old

SHELBY MOTORS LLC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SHELBY MOTORS LLC

Borrower Address

1310 E. Dixon Blvd PO Box 1360

Borrower City

SHELBY

Borrower State

NC

Borrower Zip

28152-6844

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

490387.00

Current Approval Amount

490387.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

387964

Servicing Lender Name

Toyota Financial Savings Bank

Servicing Lender Address

2485 Village View Dr, Ste 200

Servicing Lender City

HENDERSON

Servicing Lender State

NV

Servicing Lender Zip

89074-7133

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHELBY

Project County Name

CLEVELAND

Project State

NC

Project Zip

28152-6844

CD

NC-10

Jobs Reported

39

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

490387.00

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

387964

Originating Lender

Toyota Financial Savings Bank

Originating Lender City

HENDERSON

Originating Lender State

NV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

494759.62

Forgiveness Date

03/05/2021

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