PPP Loan information for Affordable auto repair, llc

$7,097

Affordable auto repair, llc was initially approved for PPP Loan of amount $7,097, the current approved amount is $7,097. The loan was approved on 05/05/2020 by The First Horizon Bank reported 1 jobs and $7,097 was used to fund payroll.

Affordable auto repair, llc is New Business or 2 years or less

AFFORDABLE AUTO REPAIR, LLC

Date Approved

05/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AFFORDABLE AUTO REPAIR, LLC

Borrower Address

103 LEE COURT

Borrower City

CLAYTON

Borrower State

NC

Borrower Zip

27520

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7097.00

Current Approval Amount

7097.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

CLAYTON

Project County Name

JOHNSTON

Project State

NC

Project Zip

27520-1400

CD

NC-13

Jobs Reported

1

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7097.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7169.94

Forgiveness Date

05/25/2021

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