Kevin Powell's Forsyth Motosports INC
$174,273 PPP Loan in Winston Salem, North Carolina
Loan Details
- Loan Number
- 7839418406
- Date Approved
- Feb 12, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $174,273
- Current Approval
- $174,273
- Forgiveness Amount
- $175,490
- Forgiveness Date
- Oct 26, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Kevin Powell's Forsyth Motosports INC
- Address
- 2780 Armstrong Dr
- City
- Winston Salem
- State
- North Carolina
- ZIP Code
- 27103-6802
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 17
- Estimated Revenue
- $5.2M
- Rural/Urban
- Urban
- Congressional District
- NC-05
Loan Use Breakdown
- Payroll
- $174,269
- Utilities
- $1
Lender Information
- Servicing Lender
- Loan Source Incorporated
- Originating Lender
- Blue Ridge Bank, National Association
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| The Budd Group | $10,000,000 | |
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