PPP Loan information for Capital automotive of indian trail, inc.

$569,010

Capital automotive of indian trail, inc. was initially approved for PPP Loan of amount $569,010, the current approved amount is $569,010. The loan was approved on 04/13/2020 by The Bank of America, National Association reported 50 jobs and $569,010 was used to fund payroll.

Capital automotive of indian trail, inc. is Unanswered

CAPITAL AUTOMOTIVE OF INDIAN TRAIL, INC.

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CAPITAL AUTOMOTIVE OF INDIAN TRAIL, INC.

Borrower Address

5501 HWY 74 W

Borrower City

INDIAN TRAIL

Borrower State

NC

Borrower Zip

28079

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

569010.00

Current Approval Amount

569010.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

INDIAN TRAIL

Project County Name

UNION

Project State

NC

Project Zip

28079-0001

CD

NC-08

Jobs Reported

50

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

569010.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

574684.51

Forgiveness Date

04/15/2021

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