PPP Loan information for Cheraw motors inc.

$18,200

Cheraw motors inc. was initially approved for PPP Loan of amount $18,200, the current approved amount is $18,200. The loan was approved on 04/13/2020 by The First Bank reported 3 jobs and $18,200 was used to fund payroll.

Cheraw motors inc. is New Business or 2 years or less

PPP Loan Search / SC / CHERAW / Cheraw motors inc.

CHERAW MOTORS INC.

Date Approved

04/13/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

CHERAW MOTORS INC.

Borrower Address

970 CHESTERFIELD HWY

Borrower City

CHERAW

Borrower State

SC

Borrower Zip

29520-7008

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18200.00

Current Approval Amount

18200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHERAW

Project County Name

CHESTERFIELD

Project State

SC

Project Zip

29520-7008

CD

SC-07

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18200.00

Payroll Proceed

0.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18345.60

Forgiveness Date

02/03/2021

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