PPP Loan information for Momentum tire & car care center inc

$159,400

Momentum tire & car care center inc was initially approved for PPP Loan of amount $154,400, the current approved amount is $159,400. The loan was approved on 04/08/2020 by The Truist Bank reported 20 jobs and $159,400 was used to fund payroll.

Momentum tire & car care center inc is Existing or more than 2 years old

PPP Loan Search / NC / HICKORY / Momentum tire & car care center inc

MOMENTUM TIRE & CAR CARE CENTER INC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MOMENTUM TIRE & CAR CARE CENTER INC

Borrower Address

1040 LENOIR RHYNE BLVD

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28602-4330

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154400.00

Current Approval Amount

159400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28602-4330

CD

NC-10

Jobs Reported

20

NAICS Code

811191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

159400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

160874.45

Forgiveness Date

03/31/2021

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