PPP Loan information for Sunbelt automotive inc

$92,395

Sunbelt automotive inc was initially approved for PPP Loan of amount $92,395, the current approved amount is $92,395. The loan was approved on 03/23/2021 by The Ally Bank reported 10 jobs and $92,395 was used to fund payroll.

Sunbelt automotive inc is Existing or more than 2 years old

SUNBELT AUTOMOTIVE INC

Date Approved

03/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SUNBELT AUTOMOTIVE INC

Borrower Address

1309 US 52 N

Borrower City

Albemarle

Borrower State

NC

Borrower Zip

28001-2820

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92395.00

Current Approval Amount

92395.00

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

Y

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

10

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

92392.00

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

93188.06

Forgiveness Date

02/10/2022

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