PPP Loan information for Cbs quality cars inc

$424,200

Cbs quality cars inc was initially approved for PPP Loan of amount $424,200, the current approved amount is $424,200. The loan was approved on 04/14/2020 by The Truist Bank reported 36 jobs and $424,200 was used to fund payroll.

Cbs quality cars inc is Existing or more than 2 years old

PPP Loan Search / NC / DURHAM / Cbs quality cars inc

CBS QUALITY CARS INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CBS QUALITY CARS INC

Borrower Address

1331 South Miami Blvd

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27703-5621

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

424200.00

Current Approval Amount

424200.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27703-5621

CD

NC-04

Jobs Reported

36

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

424200.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

427416.85

Forgiveness Date

01/20/2021

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