PPP Loan information for Capital of lexington, inc.

$455,313

Capital of lexington, inc. was initially approved for PPP Loan of amount $455,313, the current approved amount is $455,313. The loan was approved on 04/27/2020 by The Triad Business Bank reported 39 jobs and $455,313 was used to fund payroll.

Capital of lexington, inc. is New Business or 2 years or less

CAPITAL OF LEXINGTON, INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CAPITAL OF LEXINGTON, INC.

Borrower Address

96 RADIO DR

Borrower City

LEXINGTON

Borrower State

NC

Borrower Zip

27292-8007

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

455312.50

Current Approval Amount

455312.50

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

528466

Servicing Lender Name

Triad Business Bank

Servicing Lender Address

1501 Highwoods Blvd, Ste 103

Servicing Lender City

GREENSBORO

Servicing Lender State

NC

Servicing Lender Zip

27410-2051

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LEXINGTON

Project County Name

DAVIDSON

Project State

NC

Project Zip

27292-8007

CD

NC-08

Jobs Reported

39

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

455312.50

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

528466

Originating Lender

Triad Business Bank

Originating Lender City

GREENSBORO

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

460434.77

Forgiveness Date

06/11/2021

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