PPP Loan information for Suburban motors inc

$2,475,132

Suburban motors inc was initially approved for PPP Loan of amount $2,475,132, the current approved amount is $2,475,132. The loan was approved on 04/14/2020 by The Bank of America, National Association reported 201 jobs and $2,475,132 was used to fund payroll.

Suburban motors inc is Unanswered

PPP Loan Search / CA / SACRAMENTO / Suburban motors inc

SUBURBAN MOTORS INC

Date Approved

04/14/2020

SBA Office Code

0931

Processing Method

PPP

Borrower Name

SUBURBAN MOTORS INC

Borrower Address

4625 Madison Ave

Borrower City

SACRAMENTO

Borrower State

CA

Borrower Zip

95841-2514

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2475132.00

Current Approval Amount

2475132.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

SACRAMENTO

Project County Name

SACRAMENTO

Project State

CA

Project Zip

95841-2514

CD

CA-06

Jobs Reported

201

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2475132.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2503748.59

Forgiveness Date

06/11/2021

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