PPP Loan information for Kool automotive llc

$72,585

Kool automotive llc was initially approved for PPP Loan of amount $72,585, the current approved amount is $72,585. The loan was approved on 03/23/2021 by The Truist Bank reported 10 jobs and $72,585 was used to fund payroll.

Kool automotive llc is Existing or more than 2 years old

KOOL AUTOMOTIVE LLC

Date Approved

03/23/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

KOOL AUTOMOTIVE LLC

Borrower Address

1313 High St

Borrower City

Portsmouth

Borrower State

VA

Borrower Zip

23704-3229

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72585.00

Current Approval Amount

72585.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Portsmouth

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23704-3229

CD

VA-03

Jobs Reported

10

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

72583.00

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

73290.69

Forgiveness Date

03/10/2022

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