As part of the Paycheck Protection Program PARAMOUNT 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.

PARAMOUNT MOTOR SALES LLC


Loan Amount	$1,781,600
BusinessName	PARAMOUNT MOTOR SALES LLC
Address	1234 S CENTER ST
City	HICKORY
State	NC
Zip	28602
NAICSCode	441110
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	185
DateApproved	04/14/2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co
CD	NC-10
BusinessName.clean	PARAMOUNT 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

PARAMOUNT PAINTING SERVICES
PARAMOUNT PLATING CO
PARAMOUNT PR REHABILITATION
ARK BRYANT PARK
PARAMOUNT PROPERTY MANAGEMENT