PPP Loan information for Wheel city motor inc.

$74,122

Wheel city motor inc. was initially approved for PPP Loan of amount $74,122, the current approved amount is $74,122. The loan was approved on 02/11/2021 by The Live Oak Banking Company reported 4 jobs and $74,122 was used to fund payroll.

Wheel city motor inc. is Existing or more than 2 years old

PPP Loan Search / NC / Asheville / Wheel city motor inc.

WHEEL CITY MOTOR INC.

Date Approved

02/11/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

WHEEL CITY MOTOR INC.

Borrower Address

200 Smokey Park Hwy

Borrower City

Asheville

Borrower State

NC

Borrower Zip

28806-1141

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74122.00

Current Approval Amount

74122.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Asheville

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28806-1141

CD

NC-11

Jobs Reported

4

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

74122.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

74430.67

Forgiveness Date

07/28/2021

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