PPP Loan information for Sams car wash inc.

$323,908

Sams car wash inc. was initially approved for PPP Loan of amount $323,908, the current approved amount is $323,908. The loan was approved on 02/18/2021 by The Farmers & Merchants Bank reported 63 jobs and $323,908 was used to fund payroll.

Sams car wash inc. is Existing or more than 2 years old

PPP Loan Search / NC / Salisbury / Sams car wash inc.

SAMS CAR WASH INC.

Date Approved

02/18/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SAMS CAR WASH INC.

Borrower Address

1022 W Innes St 1022 West Innes St Salisbury Nc 28144

Borrower City

Salisbury

Borrower State

NC

Borrower Zip

28144-4039

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

323907.50

Current Approval Amount

323907.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

ROWAN

Project State

NC

Project Zip

28144-4039

CD

NC-08

Jobs Reported

63

NAICS Code

811192

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

323903.50

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

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

326867.65

Forgiveness Date

01/26/2022

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