PPP Loan information for Car credit nation inc

$315,600

Car credit nation inc was initially approved for PPP Loan of amount $1,830,655, the current approved amount is $315,600. The loan was approved on 04/08/2020 by The Truist Bank reported 29 jobs and $315,600 was used to fund payroll.

Car credit nation inc is Existing or more than 2 years old

CAR CREDIT NATION INC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CAR CREDIT NATION INC

Borrower Address

1467 FRONT ROYAL PIKE

Borrower City

WINCHESTER

Borrower State

VA

Borrower Zip

22602-4476

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1830655.00

Current Approval Amount

315600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINCHESTER

Project County Name

FREDERICK

Project State

VA

Project Zip

22602-4476

CD

VA-06

Jobs Reported

29

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

315600.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

318317.67

Forgiveness Date

02/25/2021

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