PPP Loan information for Midlands automotive, llc

$427,000

Midlands automotive, llc was initially approved for PPP Loan of amount $427,000, the current approved amount is $427,000. The loan was approved on 04/07/2020 by The First Palmetto Bank reported 31 jobs and $427,000 was used to fund payroll.

Midlands automotive, llc is Existing or more than 2 years old

PPP Loan Search / SC / LUGOFF / Midlands automotive, llc

MIDLANDS AUTOMOTIVE, LLC

Date Approved

04/07/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MIDLANDS AUTOMOTIVE, LLC

Borrower Address

891 US Hwy 1 South

Borrower City

LUGOFF

Borrower State

SC

Borrower Zip

29078

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

427000.00

Current Approval Amount

427000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79252

Servicing Lender Name

First Palmetto Bank

Servicing Lender Address

407 DeKalb St

Servicing Lender City

CAMDEN

Servicing Lender State

SC

Servicing Lender Zip

29020-4437

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUGOFF

Project County Name

KERSHAW

Project State

SC

Project Zip

29078-0001

CD

SC-05

Jobs Reported

31

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7300.00

Payroll Proceed

389700.00

Mortgage Interest Proceed

30000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

79252

Originating Lender

First Palmetto Bank

Originating Lender City

CAMDEN

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

430048.31

Forgiveness Date

12/31/2020

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