Dmac Automotive INC

$351,500 PPP Loan in High Point, North Carolina

Loan Details

Loan Number
8205847010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$351,500
Current Approval
$351,500
Forgiveness Amount
$354,177
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dmac Automotive INC
Address
2445 North Main St.
ZIP Code
27262-7832
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Kia Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$8.8M
Rural/Urban
Urban
Congressional District
NC-06

Loan Use Breakdown

Payroll
$263,625
Utilities
$87,875

Lender Information

Servicing Lender
Skyline National Bank
Originating Lender
Skyline National Bank

Other PPP Loans in High Point, NC

BusinessApproved
Mickey Truck Bodies INC and Subsidiaries$5,857,670NewBizBotAI Deep Dive
Marsh Furniture Company$5,642,300NewBizBotAI Deep Dive
Crg Corporation$3,796,000NewBizBotAI Deep Dive
Bethany Medical Center, P.a.$3,773,400NewBizBotAI Deep Dive
Davis Furniture Industries, Inc.$3,614,760NewBizBotAI Deep Dive

Want to research this company further?