PPP Loan information for Sport automotive inc

$1,180,402

Sport automotive inc was initially approved for PPP Loan of amount $1,180,402, the current approved amount is $1,180,402. The loan was approved on 04/07/2021 by The Truist Bank reported 89 jobs and $1,180,402 was used to fund payroll.

Sport automotive inc is Existing or more than 2 years old

PPP Loan Search / MD / Silver Spring / Sport automotive inc

SPORT AUTOMOTIVE INC

Date Approved

04/07/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

SPORT AUTOMOTIVE INC

Borrower Address

3201 Automobile Blvd

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20904-4909

Loan Status Date

03/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1180402.35

Current Approval Amount

1180402.35

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

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

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20904-4909

CD

MD-04

Jobs Reported

89

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1180398.35

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

1190107.88

Forgiveness Date

02/03/2022

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