PPP Loan information for Hubcabs automotive center llc

$41,667

Hubcabs automotive center llc was initially approved for PPP Loan of amount $41,667, the current approved amount is $41,667. The loan was approved on 03/25/2021 by The Summit Community Bank, Inc. reported 2 jobs and $41,667 was used to fund payroll.

Hubcabs automotive center llc is Existing or more than 2 years old

HUBCABS AUTOMOTIVE CENTER LLC

Date Approved

03/25/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

HUBCABS AUTOMOTIVE CENTER LLC

Borrower Address

2913 Ocean Gtwy

Borrower City

Cambridge

Borrower State

MD

Borrower Zip

21613-3427

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41666.65

Current Approval Amount

41666.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

DORCHESTER

Project State

MD

Project Zip

21613-3427

CD

MD-01

Jobs Reported

2

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41666.65

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

Qualified Joint-Venture (spouses)

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41785.86

Forgiveness Date

07/07/2021

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