PPP Loan information for George coleman motor company, inc

$517,100

George coleman motor company, inc was initially approved for PPP Loan of amount $517,100, the current approved amount is $517,100. The loan was approved on 04/09/2020 by The The Peoples Bank reported 43 jobs and $517,100 was used to fund payroll.

George coleman motor company, inc is Existing or more than 2 years old

PPP Loan Search / SC / TRAVELERS REST / George coleman motor company, inc

GEORGE COLEMAN MOTOR COMPANY, INC

Date Approved

04/09/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

GEORGE COLEMAN MOTOR COMPANY, INC

Borrower Address

PO BOX 518

Borrower City

TRAVELERS REST

Borrower State

SC

Borrower Zip

29690-0518

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

517100.00

Current Approval Amount

517100.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

66159

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

801 E Front St

Servicing Lender City

IVA

Servicing Lender State

SC

Servicing Lender Zip

29655-9090

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVELERS REST

Project County Name

GREENVILLE

Project State

SC

Project Zip

29690-1683

CD

SC-04

Jobs Reported

43

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14432.00

Payroll Proceed

459625.00

Mortgage Interest Proceed

0.00

Rent Proceed

27440.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15603.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66159

Originating Lender

The Peoples Bank

Originating Lender City

IVA

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

520374.97

Forgiveness Date

11/30/2020

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