PPP Loan information for Competition auto inc.

$34,882

Competition auto inc. was initially approved for PPP Loan of amount $34,882, the current approved amount is $34,882. The loan was approved on 04/27/2020 by The Carter Bank & Trust reported 6 jobs and $34,882 was used to fund payroll.

Competition auto inc. is Existing or more than 2 years old

PPP Loan Search / NC / spring lake / Competition auto inc.

COMPETITION AUTO INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

COMPETITION AUTO INC.

Borrower Address

1118 n bragg blvd

Borrower City

spring lake

Borrower State

NC

Borrower Zip

28390-3134

Loan Status Date

05/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34882.00

Current Approval Amount

34882.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445435

Servicing Lender Name

Carter Bank & Trust

Servicing Lender Address

1300 Kings Mountain Rd

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112-7268

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

spring lake

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28390-3134

CD

NC-09

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

34882.00

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

Subchapter S Corporation

Originating Lender Location Id

445435

Originating Lender

Carter Bank & Trust

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35209.50

Forgiveness Date

04/12/2021

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