PPP Loan information for Hoover motors inc

$309,182

Hoover motors inc was initially approved for PPP Loan of amount $309,182, the current approved amount is $309,182. The loan was approved on 03/20/2021 by The Itria Ventures LLC reported 23 jobs and $309,182 was used to fund payroll.

Hoover motors inc is Existing or more than 2 years old

PPP Loan Search / SC / Moncks Corner / Hoover motors inc

HOOVER MOTORS INC

Date Approved

03/20/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

HOOVER MOTORS INC

Borrower Address

325 N Highway 52

Borrower City

Moncks Corner

Borrower State

SC

Borrower Zip

29461-3919

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

309182.00

Current Approval Amount

309182.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Moncks Corner

Project County Name

BERKELEY

Project State

SC

Project Zip

29461-3919

CD

SC-01

Jobs Reported

23

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

309178.00

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

Subchapter S Corporation

Originating Lender Location Id

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

313192.78

Forgiveness Date

07/14/2022

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