PPP Loan information for Eastern automotive inc

$69,983

Eastern automotive inc was initially approved for PPP Loan of amount $69,983, the current approved amount is $69,983. The loan was approved on 04/28/2020 by The Truist Bank reported 9 jobs and $69,983 was used to fund payroll.

Eastern automotive inc is Existing or more than 2 years old

PPP Loan Search / NC / Four Oaks / Eastern automotive inc

EASTERN AUTOMOTIVE INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

EASTERN AUTOMOTIVE INC

Borrower Address

1551 Lees Union Church Rd

Borrower City

Four Oaks

Borrower State

NC

Borrower Zip

27524

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69982.50

Current Approval Amount

69982.50

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Four Oaks

Project County Name

JOHNSTON

Project State

NC

Project Zip

27524-0001

CD

NC-13

Jobs Reported

9

NAICS Code

423140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

69982.50

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

Non-Profit Organization

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

70754.25

Forgiveness Date

06/09/2021

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