PPP Loan information for Planet automotive group hickory llc

$255,089

Planet automotive group hickory llc was initially approved for PPP Loan of amount $255,089, the current approved amount is $255,089. The loan was approved on 04/08/2020 by The First Horizon Bank reported 63 jobs and $255,089 was used to fund payroll.

Planet automotive group hickory llc is New Business or 2 years or less

PPP Loan Search / NC / HICKORY / Planet automotive group hickory llc

PLANET AUTOMOTIVE GROUP HICKORY LLC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PLANET AUTOMOTIVE GROUP HICKORY LLC

Borrower Address

1775 CATAWBA VALLEY BLVD SE

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28602-4141

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

255089.00

Current Approval Amount

255089.00

Undisbursed Amount

0.00

Franchise Name

Mitsubishi Motors Dealer Agreement

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28602-4141

CD

NC-10

Jobs Reported

63

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

190000.00

Mortgage Interest Proceed

0.00

Rent Proceed

45089.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

258964.94

Forgiveness Date

10/27/2021

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