PPP Loan information for Terry's used cars inc.

$36,900

Terry's used cars inc. was initially approved for PPP Loan of amount $36,900, the current approved amount is $36,900. The loan was approved on 04/07/2020 by The Southern Bank and Trust Company reported 6 jobs and $36,900 was used to fund payroll.

Terry's used cars inc. is Existing or more than 2 years old

PPP Loan Search / NC / AHOSKIE / Terry's used cars inc.

TERRY'S USED CARS INC.

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TERRY'S USED CARS INC.

Borrower Address

1491 MEMORIAL DR

Borrower City

AHOSKIE

Borrower State

NC

Borrower Zip

27910-3925

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36900.00

Current Approval Amount

36900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AHOSKIE

Project County Name

HERTFORD

Project State

NC

Project Zip

27910-3925

CD

NC-01

Jobs Reported

6

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

36900.00

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

Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

37110.12

Forgiveness Date

11/05/2020

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