PPP Loan information for Cove auto repair inc.

$70,300

Cove auto repair inc. was initially approved for PPP Loan of amount $70,300, the current approved amount is $70,300. The loan was approved on 02/18/2021 by The First-Citizens Bank & Trust Company reported 5 jobs and $70,300 was used to fund payroll.

Cove auto repair inc. is Existing or more than 2 years old

PPP Loan Search / NC / Black Mountain / Cove auto repair inc.

COVE AUTO REPAIR INC.

Date Approved

02/18/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

COVE AUTO REPAIR INC.

Borrower Address

101 S Dougherty St

Borrower City

Black Mountain

Borrower State

NC

Borrower Zip

28711-3437

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70300.00

Current Approval Amount

70300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Black Mountain

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28711-3437

CD

NC-11

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

70297.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70808.47

Forgiveness Date

11/16/2021

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