PPP Loan information for Elkridge motors

$40,045

Elkridge motors was initially approved for PPP Loan of amount $40,045, the current approved amount is $40,045. The loan was approved on 04/18/2021 by The Truist Bank reported 4 jobs and $40,045 was used to fund payroll.

Elkridge motors is Existing or more than 2 years old

PPP Loan Search / MD / Elkridge / Elkridge motors

ELKRIDGE MOTORS

Date Approved

04/18/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

ELKRIDGE MOTORS

Borrower Address

6667 Montgomery Rd

Borrower City

Elkridge

Borrower State

MD

Borrower Zip

21075-5923

Loan Status Date

10/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40045.00

Current Approval Amount

40045.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elkridge

Project County Name

HOWARD

Project State

MD

Project Zip

21075-5923

CD

MD-03

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40043.00

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

Sole Proprietorship

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40596.73

Forgiveness Date

09/01/2022

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