PPP Loan information for West elm motors inc

$29,251

West elm motors inc was initially approved for PPP Loan of amount $29,251, the current approved amount is $29,251. The loan was approved on 01/20/2021 by The The Fidelity Bank reported 55 jobs and $29,251 was used to fund payroll.

West elm motors inc is Existing or more than 2 years old

WEST ELM MOTORS INC

Date Approved

01/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

WEST ELM MOTORS INC

Borrower Address

407 W Harden St

Borrower City

Graham

Borrower State

NC

Borrower Zip

27253-2121

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29251.00

Current Approval Amount

29251.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Graham

Project County Name

ALAMANCE

Project State

NC

Project Zip

27253-2121

CD

NC-04

Jobs Reported

55

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

29249.00

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

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29364.75

Forgiveness Date

06/15/2021

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