PPP Loan information for Auto care & quick lube of wake forest

$45,100

Auto care & quick lube of wake forest was initially approved for PPP Loan of amount $48,200, the current approved amount is $45,100. The loan was approved on 04/13/2020 by The Truist Bank reported 5 jobs and $45,100 was used to fund payroll.

Auto care & quick lube of wake forest is Existing or more than 2 years old

AUTO CARE & QUICK LUBE OF WAKE FOREST

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AUTO CARE & QUICK LUBE OF WAKE FOREST

Borrower Address

301 E ROOSEVELT AVE

Borrower City

WAKE FOREST

Borrower State

NC

Borrower Zip

27587-2756

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48200.00

Current Approval Amount

45100.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAKE FOREST

Project County Name

WAKE

Project State

NC

Project Zip

27587-2756

CD

NC-02

Jobs Reported

5

NAICS Code

811111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45100.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45418.21

Forgiveness Date

01/19/2021

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