PPP Loan information for Tri-city chevrolet, inc

$161,800

Tri-city chevrolet, inc was initially approved for PPP Loan of amount $195,100, the current approved amount is $161,800. The loan was approved on 04/11/2020 by The Truist Bank reported 18 jobs and $161,800 was used to fund payroll.

Tri-city chevrolet, inc is Existing or more than 2 years old

TRI-CITY CHEVROLET, INC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TRI-CITY CHEVROLET, INC

Borrower Address

908 S VAN BUREN RD

Borrower City

EDEN

Borrower State

NC

Borrower Zip

27288-5326

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195100.00

Current Approval Amount

161800.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) 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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDEN

Project County Name

ROCKINGHAM

Project State

NC

Project Zip

27288-5326

CD

NC-06

Jobs Reported

18

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

161800.00

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

Subchapter S 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

163476.43

Forgiveness Date

05/10/2021

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