As part of the Paycheck Protection Program LAKE NORMAN MOTOR SALES LLC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

LAKE NORMAN MOTOR SALES LLC


Loan Amount	$1,839,420
BusinessName	LAKE NORMAN MOTOR SALES LLC
Address	13429 Statesville Rd
City	HUNTERSVILLE
State	NC
Zip	28078
NAICSCode	441110
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	189
DateApproved	04/15/2020
Lender	Bank of America, National Association
CD	NC-12
BusinessName.clean	LAKE NORMAN MOTOR SALES

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

AMIND SOLUTIONS
LAKE NORMAN SECURITY PATROL
LAKE OCONEE ACADEMY
LAKE OF THE TORCHES FEDERAL DEVELOPMENT
LAKE PLACID VACATION