PPP Loan information for Bates' batteries, inc.

$653,823

Bates' batteries, inc. was initially approved for PPP Loan of amount $653,823, the current approved amount is $653,823. The loan was approved on 04/13/2020 by The First Bank reported 72 jobs and $653,823 was used to fund payroll.

Bates' batteries, inc. is Existing or more than 2 years old

BATES' BATTERIES, INC.

Date Approved

04/13/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

BATES' BATTERIES, INC.

Borrower Address

1791 A Woodruff Rd

Borrower City

GREENVILLE

Borrower State

SC

Borrower Zip

29607-5932

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

653822.50

Current Approval Amount

653822.50

Undisbursed Amount

0.00

Franchise Name

Batteries Plus Bulbs

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENVILLE

Project County Name

GREENVILLE

Project State

SC

Project Zip

29607-5932

CD

SC-04

Jobs Reported

72

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14120.00

Payroll Proceed

484147.67

Mortgage Interest Proceed

0.00

Rent Proceed

118590.00

Refinance EIDL Proceed

0.00

Health Care Proceed

33708.83

Debt Interest Proceed

3256

Business Type

Subchapter S Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

657906.65

Forgiveness Date

12/02/2020

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