Motor Parts and Equipment Co, INC

$119,520 PPP Loan in Franklin, North Carolina

Loan Details

Loan Number
6957307201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$119,520
Current Approval
$119,520
Forgiveness Amount
$120,327
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Motor Parts and Equipment Co, INC
Address
290 Depot St
ZIP Code
28734-3002
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441310)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$11.6M
Rural/Urban
Rural
Congressional District
NC-11

Loan Use Breakdown

Payroll
$119,520

Lender Information

Servicing Lender
Nantahala Bank & Trust Company
Originating Lender
Nantahala Bank & Trust Company

Other PPP Loans in Franklin, NC

BusinessApproved
Tektone Sound & Signal Mfg., Inc.$1,084,000NewBizBotAI Deep Dive
Tricorn Usa, INC$696,672NewBizBotAI Deep Dive
Tricorn USA INC$696,672NewBizBotAI Deep Dive
Duotech Services Inc.$491,500NewBizBotAI Deep Dive
Duotech Services Inc.$477,200NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free