PPP Loan information for Cove auto repair inc

$75,700

Cove auto repair inc was initially approved for PPP Loan of amount $75,700, the current approved amount is $75,700. The loan was approved on 04/30/2020 by The First-Citizens Bank & Trust Company reported 5 jobs and $75,700 was used to fund payroll.

Cove auto repair inc is New Business or 2 years or less

PPP Loan Search / NC / BLACK MOUNTAIN / Cove auto repair inc

COVE AUTO REPAIR INC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

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

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75700.00

Current Approval Amount

75700.00

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

New Business or 2 years or less

Project City

BLACK MOUNTAIN

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28711-3437

CD

NC-11

Jobs Reported

5

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75700.00

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

71090.81

Forgiveness Date

11/23/2020

;