PPP Loan information for K and r automotive

$161,700

K and r automotive was initially approved for PPP Loan of amount $161,700, the current approved amount is $161,700. The loan was approved on 04/30/2020 by The Truist Bank reported 12 jobs and $161,700 was used to fund payroll.

K and r automotive is Existing or more than 2 years old

K AND R AUTOMOTIVE

Date Approved

04/30/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

K AND R AUTOMOTIVE

Borrower Address

551 N WASHINGTON ST

Borrower City

FALLS CHURCH

Borrower State

VA

Borrower Zip

22046

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

161700.00

Current Approval Amount

161700.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FALLS CHURCH

Project County Name

FALLS CHURCH CITY

Project State

VA

Project Zip

22046-1800

CD

VA-08

Jobs Reported

12

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

161700.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

163213.69

Forgiveness Date

04/19/2021

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