PPP Loan information for Mototcars international, inc.

$97,650

Mototcars international, inc. was initially approved for PPP Loan of amount $97,450, the current approved amount is $97,650. The loan was approved on 04/09/2020 by The Truist Bank reported 6 jobs and $97,650 was used to fund payroll.

Mototcars international, inc. is Existing or more than 2 years old

PPP Loan Search / GA / SMYRNA / Mototcars international, inc.

MOTOTCARS INTERNATIONAL, INC.

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MOTOTCARS INTERNATIONAL, INC.

Borrower Address

1711 SPRING RD SE

Borrower City

SMYRNA

Borrower State

GA

Borrower Zip

30080-2439

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97450.00

Current Approval Amount

97650.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SMYRNA

Project County Name

COBB

Project State

GA

Project Zip

30080-2439

CD

GA-11

Jobs Reported

6

NAICS Code

811111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97650.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98319.99

Forgiveness Date

12/28/2020

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