PPP Loan information for Hoover motors, inc

$350,254

Hoover motors, inc was initially approved for PPP Loan of amount $350,254, the current approved amount is $350,254. The loan was approved on 04/14/2020 by The Ally Bank reported 24 jobs and $350,254 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

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

HOOVER MOTORS, INC

Borrower Address

325 N Hwy 52

Borrower City

MONCKS CORNER

Borrower State

SC

Borrower Zip

29461-3919

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

350254.00

Current Approval Amount

350254.00

Undisbursed Amount

0.00

Franchise Name

Dodge - Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

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

24

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

350254.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

354427.64

Forgiveness Date

06/24/2021

;