PPP Loan information for Automotive financial corp

$40,100

Automotive financial corp was initially approved for PPP Loan of amount $40,100, the current approved amount is $40,100. The loan was approved on 04/29/2020 by The United Community Bank reported 5 jobs and $40,100 was used to fund payroll.

Automotive financial corp is Existing or more than 2 years old

AUTOMOTIVE FINANCIAL CORP

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AUTOMOTIVE FINANCIAL CORP

Borrower Address

700 West Church St

Borrower City

Benson

Borrower State

NC

Borrower Zip

27504

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40100.00

Current Approval Amount

40100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Benson

Project County Name

JOHNSTON

Project State

NC

Project Zip

27504-0001

CD

NC-13

Jobs Reported

5

NAICS Code

522291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40100.00

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

Corporation

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40554.83

Forgiveness Date

06/24/2021

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