PPP Loan information for Automotive training center

$997,200

Automotive training center was initially approved for PPP Loan of amount $997,200, the current approved amount is $997,200. The loan was approved on 03/09/2021 by The Citizens Bank, National Association reported 70 jobs and $997,200 was used to fund payroll.

Automotive training center is Existing or more than 2 years old

AUTOMOTIVE TRAINING CENTER

Date Approved

03/09/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

AUTOMOTIVE TRAINING CENTER

Borrower Address

114 Pickering Way

Borrower City

Exton

Borrower State

PA

Borrower Zip

19341-1310

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

997200.00

Current Approval Amount

997200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Exton

Project County Name

CHESTER

Project State

PA

Project Zip

19341-1310

CD

PA-06

Jobs Reported

70

NAICS Code

611519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

997198.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1002035.74

Forgiveness Date

09/09/2021

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