PPP Loan information for Roswell motors inc

$619,377

Roswell motors inc was initially approved for PPP Loan of amount $691,800, the current approved amount is $619,377. The loan was approved on 04/07/2020 by The Truist Bank reported 50 jobs and $619,377 was used to fund payroll.

Roswell motors inc is Existing or more than 2 years old

ROSWELL MOTORS INC

Date Approved

04/07/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ROSWELL MOTORS INC

Borrower Address

11185 ALPHARETTA HWY

Borrower City

ROSWELL

Borrower State

GA

Borrower Zip

30076-1437

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

691800.00

Current Approval Amount

619377.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

ROSWELL

Project County Name

FULTON

Project State

GA

Project Zip

30076-1437

CD

GA-06

Jobs Reported

50

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

619377.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

624056.74

Forgiveness Date

01/14/2021

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