PPP Loan information for Peak motors inc

$105,554

Peak motors inc was initially approved for PPP Loan of amount $105,554, the current approved amount is $105,554. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 6 jobs and $105,554 was used to fund payroll.

Peak motors inc is Existing or more than 2 years old

PEAK MOTORS INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PEAK MOTORS INC

Borrower Address

1225 HWY 321 NW

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28601

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105554.00

Current Approval Amount

105554.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28601-0500

CD

NC-10

Jobs Reported

6

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

105554.00

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

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

106609.54

Forgiveness Date

05/07/2021

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