PPP Loan information for Cosmo motors inc

$375,280

Cosmo motors inc was initially approved for PPP Loan of amount $375,280, the current approved amount is $375,280. The loan was approved on 04/10/2020 by The First Horizon Bank reported 33 jobs and $375,280 was used to fund payroll.

Cosmo motors inc is Existing or more than 2 years old

PPP Loan Search / NC / HICKORY / Cosmo motors inc

COSMO MOTORS INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

COSMO MOTORS INC

Borrower Address

545 12th St Dr NW

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28601-2703

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375280.00

Current Approval Amount

375280.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28601-2703

CD

NC-10

Jobs Reported

33

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

38537.00

Payroll Proceed

300224.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11519.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

380106.52

Forgiveness Date

08/04/2021

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