PPP Loan information for Cole auto outlet, inc

$110,500

Cole auto outlet, inc was initially approved for PPP Loan of amount $110,500, the current approved amount is $110,500. The loan was approved on 04/27/2020 by The First Community Bank reported 13 jobs and $110,500 was used to fund payroll.

Cole auto outlet, inc is Existing or more than 2 years old

PPP Loan Search / VA / Bluefield / Cole auto outlet, inc

COLE AUTO OUTLET, INC

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COLE AUTO OUTLET, INC

Borrower Address

3085 Stadium Drive

Borrower City

Bluefield

Borrower State

VA

Borrower Zip

24605

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110500.00

Current Approval Amount

110500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bluefield

Project County Name

TAZEWELL

Project State

VA

Project Zip

24605-0001

CD

VA-09

Jobs Reported

13

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16575.00

Payroll Proceed

88400.00

Mortgage Interest Proceed

5525.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

111417.30

Forgiveness Date

03/01/2021

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