PPP Loan information for Encore motorcars of sarasota inc

$316,353

Encore motorcars of sarasota inc was initially approved for PPP Loan of amount $316,353, the current approved amount is $316,353. The loan was approved on 04/13/2020 by The Centennial Bank reported 25 jobs and $316,353 was used to fund payroll.

Encore motorcars of sarasota inc is Existing or more than 2 years old

ENCORE MOTORCARS OF SARASOTA INC

Date Approved

04/13/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

ENCORE MOTORCARS OF SARASOTA INC

Borrower Address

6000 TAMIAMI TRL

Borrower City

SARASOTA

Borrower State

FL

Borrower Zip

34231-3950

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

316353.12

Current Approval Amount

316353.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4392

Servicing Lender Name

Centennial Bank

Servicing Lender Address

620 Chestnut St

Servicing Lender City

CONWAY

Servicing Lender State

AR

Servicing Lender Zip

72032-5404

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SARASOTA

Project County Name

SARASOTA

Project State

FL

Project Zip

34231-3950

CD

FL-17

Jobs Reported

25

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

316353.12

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

4392

Originating Lender

Centennial Bank

Originating Lender City

CONWAY

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

319872.01

Forgiveness Date

06/10/2021

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