Marion Motor Company

$165,151 PPP Loan in Marion, North Carolina

Loan Details

Loan Number
2936387108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$165,151
Current Approval
$165,151
Forgiveness Amount
$166,500
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Marion Motor Company
Address
44 Worley Rd
City
Marion
ZIP Code
28752-9101
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-11

Loan Use Breakdown

Payroll
$165,151

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

Other PPP Loans in Marion, NC

BusinessApproved
Mpv Morganton Pressure Vessels North Car$1,233,569NewBizBotAI Deep Dive
Oak Valley Hardwoods, Inc.$860,400NewBizBotAI Deep Dive
Key Gas Components INC$719,760NewBizBotAI Deep Dive
Key Gas Components INC$715,400NewBizBotAI Deep Dive
N.a.c. Trucking, Inc.$533,800NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free