PPP Loan information for Hillsborough automotive group, inc.

$246,300

Hillsborough automotive group, inc. was initially approved for PPP Loan of amount $246,300, the current approved amount is $246,300. The loan was approved on 04/27/2020 by The Triad Business Bank reported 19 jobs and $246,300 was used to fund payroll.

Hillsborough automotive group, inc. is Existing or more than 2 years old

HILLSBOROUGH AUTOMOTIVE GROUP, INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

HILLSBOROUGH AUTOMOTIVE GROUP, INC.

Borrower Address

259 CHURTON ST

Borrower City

HILLSBOROUGH

Borrower State

NC

Borrower Zip

27278-2506

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

246300.00

Current Approval Amount

246300.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

528466

Servicing Lender Name

Triad Business Bank

Servicing Lender Address

1501 Highwoods Blvd, Ste 103

Servicing Lender City

GREENSBORO

Servicing Lender State

NC

Servicing Lender Zip

27410-2051

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HILLSBOROUGH

Project County Name

ORANGE

Project State

NC

Project Zip

27278-2506

CD

NC-04

Jobs Reported

19

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

246300.00

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

528466

Originating Lender

Triad Business Bank

Originating Lender City

GREENSBORO

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

249070.88

Forgiveness Date

06/11/2021

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