PPP Loan information for Greensboro auto center inc

$231,600

Greensboro auto center inc was initially approved for PPP Loan of amount $231,600, the current approved amount is $231,600. The loan was approved on 04/14/2020 by The Skyline National Bank reported 25 jobs and $231,600 was used to fund payroll.

Greensboro auto center inc is Existing or more than 2 years old

GREENSBORO AUTO CENTER INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

GREENSBORO AUTO CENTER INC

Borrower Address

3800 Burlington Rd

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27405-8650

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

231600.00

Current Approval Amount

231600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73473

Servicing Lender Name

Skyline National Bank

Servicing Lender Address

113 W Main St

Servicing Lender City

INDEPENDENCE

Servicing Lender State

VA

Servicing Lender Zip

24348

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27405-8650

CD

NC-06

Jobs Reported

25

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

57900.00

Payroll Proceed

173700.00

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

73473

Originating Lender

Skyline National Bank

Originating Lender City

INDEPENDENCE

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

204415.39

Forgiveness Date

08/10/2021

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