PPP Loan information for North carolina powersports, inc

$123,100

North carolina powersports, inc was initially approved for PPP Loan of amount $123,100, the current approved amount is $123,100. The loan was approved on 04/30/2020 by The Peoples Bank reported 16 jobs and $123,100 was used to fund payroll.

North carolina powersports, inc is Existing or more than 2 years old

NORTH CAROLINA POWERSPORTS, INC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NORTH CAROLINA POWERSPORTS, INC

Borrower Address

4625 Hickory Blvd

Borrower City

GRANITE FALLS

Borrower State

NC

Borrower Zip

28630

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123100.00

Current Approval Amount

123100.00

Undisbursed Amount

0.00

Franchise Name

Honda Powersports Sales and Service Agreements

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRANITE FALLS

Project County Name

CALDWELL

Project State

NC

Project Zip

28630-0001

CD

NC-10

Jobs Reported

16

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

123100.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

123930.93

Forgiveness Date

01/08/2021

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