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
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MECKLENBURG
Project State
Project Zip
CD
NC-14
Jobs Reported
120
NAICS Code
441110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
1334912.33
Forgiveness Date
03/18/2021