PPP Loan information for Albion motor services inc

$46,000

Albion motor services inc was initially approved for PPP Loan of amount $46,000, the current approved amount is $46,000. The loan was approved on 04/14/2020 by The Truist Bank reported 7 jobs and $46,000 was used to fund payroll.

Albion motor services inc is New Business or 2 years or less

PPP Loan Search / NC / CORNELIUS / Albion motor services inc

ALBION MOTOR SERVICES INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ALBION MOTOR SERVICES INC

Borrower Address

9139 MAGNOLIA ESTATES DR

Borrower City

CORNELIUS

Borrower State

NC

Borrower Zip

28031-7853

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46000.00

Current Approval Amount

46000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CORNELIUS

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28031-7853

CD

NC-12

Jobs Reported

7

NAICS Code

484230

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

46000.00

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

Sole Proprietorship

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

46438.28

Forgiveness Date

03/31/2021

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