PPP Loan information for L & a auto repair & sales, inc.

$77,120

L & a auto repair & sales, inc. was initially approved for PPP Loan of amount $77,120, the current approved amount is $77,120. The loan was approved on 05/27/2020 by The Truist Bank reported 10 jobs and $77,120 was used to fund payroll.

L & a auto repair & sales, inc. is Existing or more than 2 years old

L & A AUTO REPAIR & SALES, INC.

Date Approved

05/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

L & A AUTO REPAIR & SALES, INC.

Borrower Address

427 Ocean Hwy W

Borrower City

Supply

Borrower State

NC

Borrower Zip

28462

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77120.00

Current Approval Amount

77120.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Supply

Project County Name

BRUNSWICK

Project State

NC

Project Zip

28462-0001

CD

NC-07

Jobs Reported

10

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

77120.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77563.44

Forgiveness Date

12/22/2020

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