PPP Loan information for Foss motors inc

$606,800

Foss motors inc was initially approved for PPP Loan of amount $575,500, the current approved amount is $606,800. The loan was approved on 04/07/2020 by The Truist Bank reported 43 jobs and $606,800 was used to fund payroll.

Foss motors inc is Existing or more than 2 years old

PPP Loan Search / NH / EXETER / Foss motors inc

FOSS MOTORS INC

Date Approved

04/07/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

FOSS MOTORS INC

Borrower Address

133 Portsmouth Ave

Borrower City

EXETER

Borrower State

NH

Borrower Zip

03833-2105

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

575500.00

Current Approval Amount

606800.00

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

EXETER

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03833-2105

CD

NH-01

Jobs Reported

43

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

606800.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

611468.99

Forgiveness Date

01/25/2021

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