Modern Classic Motors INC
$1,025,000 PPP Loan in Bluffton, South Carolina
Loan Details
- Loan Number
- 6535587106
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,025,000
- Current Approval
- $1,025,000
- Forgiveness Amount
- $1,031,793
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Modern Classic Motors INC
- Address
- 161 Fording Island Rd
- City
- Bluffton
- State
- South Carolina
- ZIP Code
- 29910
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Mercedes-Benz - Passenger Car Dealer Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 102
- Estimated Revenue
- $25.7M
- Rural/Urban
- Urban
- Congressional District
- SC-01
Loan Use Breakdown
- Payroll
- $1,025,000
Lender Information
- Servicing Lender
- Truist Bank
- Originating Lender
- Truist Bank
Other PPP Loans in Bluffton, SC
| Business | Approved | |
|---|---|---|
| Scdlw, LLC | $3,334,200 | |
| Citadel Electric LLC | $2,123,300 | |
| Year Round Pool Co INC | $1,456,407 | |
| Watterson Brands LLC | $1,245,160 | |
| Spartina LLC | $1,141,600 |
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