PPP Loan information for Oak city motors llc

$28,188

Oak city motors llc was initially approved for PPP Loan of amount $28,188, the current approved amount is $28,188. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 8 jobs and $28,188 was used to fund payroll.

Oak city motors llc is Existing or more than 2 years old

OAK CITY MOTORS LLC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

OAK CITY MOTORS LLC

Borrower Address

1401 MECHANICAL BLVD

Borrower City

GARNER

Borrower State

NC

Borrower Zip

27529-2538

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28188.00

Current Approval Amount

28188.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARNER

Project County Name

WAKE

Project State

NC

Project Zip

27529-2538

CD

NC-13

Jobs Reported

8

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

28188.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28403.46

Forgiveness Date

02/05/2021

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