PPP Loan information for Fountain motor co. inc

$1,250,775

Fountain motor co. inc was initially approved for PPP Loan of amount $1,250,775, the current approved amount is $1,250,775. The loan was approved on 04/11/2020 by The Truist Bank reported 97 jobs and $1,250,775 was used to fund payroll.

Fountain motor co. inc is Unanswered

PPP Loan Search / FL / DEERFIELD BEACH / Fountain motor co. inc

FOUNTAIN MOTOR CO. INC

Date Approved

04/11/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

FOUNTAIN MOTOR CO. INC

Borrower Address

1345 S. Federal Highway

Borrower City

DEERFIELD BEACH

Borrower State

FL

Borrower Zip

33441-7248

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1250775.00

Current Approval Amount

1250775.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

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

Unanswered

Project City

DEERFIELD BEACH

Project County Name

BROWARD

Project State

FL

Project Zip

33441-7248

CD

FL-23

Jobs Reported

97

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1250775.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1258696.57

Forgiveness Date

12/09/2020

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