PPP Loan information for Burroughs auto repair

$8,900

Burroughs auto repair was initially approved for PPP Loan of amount $8,900, the current approved amount is $8,900. The loan was approved on 04/30/2020 by The Carolina Bank & Trust Co. reported 1 jobs and $8,900 was used to fund payroll.

Burroughs auto repair is Existing or more than 2 years old

BURROUGHS AUTO REPAIR

Date Approved

04/30/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

BURROUGHS AUTO REPAIR

Borrower Address

2139 Jeffords Rd.

Borrower City

LAMAR

Borrower State

SC

Borrower Zip

29069-9604

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8900.00

Current Approval Amount

8900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66176

Servicing Lender Name

Carolina Bank & Trust Co.

Servicing Lender Address

112 Main St

Servicing Lender City

LAMAR

Servicing Lender State

SC

Servicing Lender Zip

29069

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAMAR

Project County Name

LEE

Project State

SC

Project Zip

29069-9604

CD

SC-07

Jobs Reported

1

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1700.00

Payroll Proceed

7200.00

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

Sole Proprietorship

Originating Lender Location Id

66176

Originating Lender

Carolina Bank & Trust Co.

Originating Lender City

LAMAR

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

8990.95

Forgiveness Date

05/13/2021

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