PPP Loan information for Favored rims-tires-repair llc

$24,000

Favored rims-tires-repair llc was initially approved for PPP Loan of amount $14,501, the current approved amount is $24,000. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 2 jobs and $24,000 was used to fund payroll.

Favored rims-tires-repair llc is Existing or more than 2 years old

FAVORED RIMS-TIRES-REPAIR LLC

Date Approved

04/30/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

FAVORED RIMS-TIRES-REPAIR LLC

Borrower Address

4781 COVINGTON HWY

Borrower City

DECATUR

Borrower State

GA

Borrower Zip

30035-2005

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

14501.00

Current Approval Amount

24000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

DEKALB

Project State

GA

Project Zip

30035-2005

CD

GA-04

Jobs Reported

2

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

14651.24

Forgiveness Date

05/20/2021

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