PPP Loan information for Millennium automotive group

$1,909,500

Millennium automotive group was initially approved for PPP Loan of amount $1,676,000, the current approved amount is $1,909,500. The loan was approved on 04/06/2020 by The Pinnacle Bank reported 153 jobs and $1,909,500 was used to fund payroll.

Millennium automotive group is Existing or more than 2 years old

MILLENNIUM AUTOMOTIVE GROUP

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MILLENNIUM AUTOMOTIVE GROUP

Borrower Address

4511 DURHAM CHAPEL HILL BLVD

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27707-2510

Loan Status Date

10/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1676000.00

Current Approval Amount

1909500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27707-2510

CD

NC-04

Jobs Reported

153

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1909500.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1937383.93

Forgiveness Date

09/29/2021

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