PPP Loan information for West elm motors, inc.

$29,200

West elm motors, inc. was initially approved for PPP Loan of amount $29,200, the current approved amount is $29,200. The loan was approved on 04/28/2020 by The The Fidelity Bank reported 5 jobs and $29,200 was used to fund payroll.

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

WEST ELM MOTORS, INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WEST ELM MOTORS, INC.

Borrower Address

503 West Elm St

Borrower City

Graham

Borrower State

NC

Borrower Zip

27253

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29200.00

Current Approval Amount

29200.00

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

27253-0001

CD

NC-04

Jobs Reported

5

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29200.00

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

29417.38

Forgiveness Date

01/25/2021

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