PPP Loan information for Sunbelt automotive, inc.

$98,975

Sunbelt automotive, inc. was initially approved for PPP Loan of amount $98,975, the current approved amount is $98,975. The loan was approved on 04/11/2020 by The Ally Bank reported 9 jobs and $98,975 was used to fund payroll.

Sunbelt automotive, inc. is Existing or more than 2 years old

SUNBELT AUTOMOTIVE, INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SUNBELT AUTOMOTIVE, INC.

Borrower Address

1309 US Highway 52 North

Borrower City

ALBEMARLE

Borrower State

NC

Borrower Zip

28001-2820

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98975.00

Current Approval Amount

98975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBEMARLE

Project County Name

STANLY

Project State

NC

Project Zip

28001-2820

CD

NC-08

Jobs Reported

9

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

98975.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

99731.06

Forgiveness Date

01/20/2021

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