PPP Loan information for Stokes motors inc

$1,712,400

Stokes motors inc was initially approved for PPP Loan of amount $1,712,400, the current approved amount is $1,712,400. The loan was approved on 04/09/2020 by The Ameris Bank reported 169 jobs and $1,712,400 was used to fund payroll.

Stokes motors inc is Existing or more than 2 years old

PPP Loan Search / SC / BEAUFORT / Stokes motors inc

STOKES MOTORS INC

Date Approved

04/09/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

STOKES MOTORS INC

Borrower Address

3557 TRASK PARKWAY

Borrower City

BEAUFORT

Borrower State

SC

Borrower Zip

29906-7157

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1712400.00

Current Approval Amount

1712400.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

19595

Servicing Lender Name

Ameris Bank

Servicing Lender Address

3490 Piedmont Rd NE, Ste 124

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30305

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEAUFORT

Project County Name

BEAUFORT

Project State

SC

Project Zip

29906-7157

CD

SC-01

Jobs Reported

169

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

162400.00

Payroll Proceed

700000.00

Mortgage Interest Proceed

850000.00

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

19595

Originating Lender

Ameris Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1728210.38

Forgiveness Date

03/31/2021

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