Matthews Motors INC

$555,000 PPP Loan in Clayton, North Carolina

Loan Details

Loan Number
2275727105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$555,000
Current Approval
$555,000
Forgiveness Amount
$561,310
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Matthews Motors INC
Address
11315 US Hwy 70 W
ZIP Code
27520
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
$14.4M
Rural/Urban
Rural
Congressional District
NC-13

Loan Use Breakdown

Payroll
$555,000

Lender Information

Servicing Lender
United Community Bank
Originating Lender
United Community Bank

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