1ST CHOICE AUTOMOTIVE INC. (NC) - 2020 PPP Loan Borrower Profile (# 5571438509)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST CHOICE AUTOMOTIVE INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in North Carolina.

Loan Detail

Loan Number

5571438509

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$8,357

Date Loan was Approved

Mar 1, 2021

Amount Forgiven

$8,412.25

Date Loan was Forgiven

Nov 2, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

8,357

Lender

FC Marketplace, LLC (dba Funding Circle)

Business Detail

Business Type

Corporation

NAICS

811118

Borrower Location

Thomasville, NC

Project Location

Thomasville, NC

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.