PPP Loan information for Medlin motors, inc.

$213,300

Medlin motors, inc. was initially approved for PPP Loan of amount $213,300, the current approved amount is $213,300. The loan was approved on 04/27/2020 by The Southern Bank and Trust Company reported 26 jobs and $213,300 was used to fund payroll.

Medlin motors, inc. is Existing or more than 2 years old

PPP Loan Search / NC / ROCKY MOUNT / Medlin motors, inc.

MEDLIN MOTORS, INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MEDLIN MOTORS, INC.

Borrower Address

1800 N WESLEYAN BLVD

Borrower City

ROCKY MOUNT

Borrower State

NC

Borrower Zip

27804-6631

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

213300.00

Current Approval Amount

213300.00

Undisbursed Amount

0.00

Franchise Name

Hyundai Motor America - Dealer Sales and Service Agreement

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKY MOUNT

Project County Name

NASH

Project State

NC

Project Zip

27804-6631

CD

NC-01

Jobs Reported

26

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

213300.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

215178.22

Forgiveness Date

03/18/2021

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