PPP Loan information for Automobiles of asheboro, inc.

$441,788

Automobiles of asheboro, inc. was initially approved for PPP Loan of amount $441,788, the current approved amount is $441,788. The loan was approved on 04/28/2020 by The Pinnacle Bank reported 37 jobs and $441,788 was used to fund payroll.

Automobiles of asheboro, inc. is Existing or more than 2 years old

AUTOMOBILES OF ASHEBORO, INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AUTOMOBILES OF ASHEBORO, INC.

Borrower Address

1625 DIXIE DR

Borrower City

ASHEBORO

Borrower State

NC

Borrower Zip

27203

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

441787.50

Current Approval Amount

441787.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ASHEBORO

Project County Name

RANDOLPH

Project State

NC

Project Zip

27203-0001

CD

NC-13

Jobs Reported

37

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

441787.50

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

Corporation

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

446701.63

Forgiveness Date

06/10/2021

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