PPP Loan information for Folger automotive, llc

$1,322,700

Folger automotive, llc was initially approved for PPP Loan of amount $1,322,700, the current approved amount is $1,322,700. The loan was approved on 04/12/2020 by The Pinnacle Bank reported 120 jobs and $1,322,700 was used to fund payroll.

Folger automotive, llc is Existing or more than 2 years old

FOLGER AUTOMOTIVE, LLC

Date Approved

04/12/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FOLGER AUTOMOTIVE, LLC

Borrower Address

8201 SOUTH BLVD

Borrower City

CHARLOTTE

Borrower State

NC

Borrower Zip

28273-6917

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1322700.00

Current Approval Amount

1322700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHARLOTTE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28273-6917

CD

NC-14

Jobs Reported

120

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1322700.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1334912.33

Forgiveness Date

03/18/2021

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