PPP Loan information for Community rae automotive llc

$1,078,400

Community rae automotive llc was initially approved for PPP Loan of amount $1,078,400, the current approved amount is $1,078,400. The loan was approved on 04/07/2020 by The Truist Bank reported 95 jobs and $1,078,400 was used to fund payroll.

Community rae automotive llc is Existing or more than 2 years old

PPP Loan Search / TX / BAYTOWN / Community rae automotive llc

COMMUNITY RAE AUTOMOTIVE LLC

Date Approved

04/07/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

COMMUNITY RAE AUTOMOTIVE LLC

Borrower Address

I-10 East

Borrower City

BAYTOWN

Borrower State

TX

Borrower Zip

77521

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1078400.00

Current Approval Amount

1078400.00

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

BAYTOWN

Project County Name

HARRIS

Project State

TX

Project Zip

77521-0200

CD

TX-36

Jobs Reported

95

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1078400.00

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

Limited Liability Company(LLC)

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

1085259.82

Forgiveness Date

12/03/2020

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