PPP Loan information for Floyd a megee motors inc.

$348,200

Floyd a megee motors inc. was initially approved for PPP Loan of amount $348,200, the current approved amount is $348,200. The loan was approved on 04/12/2020 by The Fulton Bank, National Association reported 31 jobs and $348,200 was used to fund payroll.

Floyd a megee motors inc. is Existing or more than 2 years old

PPP Loan Search / DE / GEORGETOWN / Floyd a megee motors inc.

FLOYD A MEGEE MOTORS INC.

Date Approved

04/12/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

FLOYD A MEGEE MOTORS INC.

Borrower Address

515 N Bedford St PO Box 330

Borrower City

GEORGETOWN

Borrower State

DE

Borrower Zip

19947-2133

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

348200.00

Current Approval Amount

348200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GEORGETOWN

Project County Name

SUSSEX

Project State

DE

Project Zip

19947-2133

CD

DE-

Jobs Reported

31

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

69600.00

Payroll Proceed

278600.00

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

Subchapter S Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

350414.94

Forgiveness Date

12/08/2020

;