PPP Loan information for Ben mynatt chevrolet-cadillac, inc.

$818,018

Ben mynatt chevrolet-cadillac, inc. was initially approved for PPP Loan of amount $818,018, the current approved amount is $818,018. The loan was approved on 04/13/2020 by The Uwharrie Bank reported 69 jobs and $818,018 was used to fund payroll.

Ben mynatt chevrolet-cadillac, inc. is Existing or more than 2 years old

BEN MYNATT CHEVROLET-CADILLAC, INC.

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BEN MYNATT CHEVROLET-CADILLAC, INC.

Borrower Address

281 Concord Pkwy S

Borrower City

Concord

Borrower State

NC

Borrower Zip

28027-6706

Loan Status Date

07/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

818017.50

Current Approval Amount

818017.50

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Concord

Project County Name

CABARRUS

Project State

NC

Project Zip

28027-6706

CD

NC-12

Jobs Reported

69

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

818017.50

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

826152.23

Forgiveness Date

04/14/2021

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