PPP Loan information for Magic tunnel carwash

$43,100

Magic tunnel carwash was initially approved for PPP Loan of amount $43,100, the current approved amount is $43,100. The loan was approved on 02/07/2021 by The United Community Bank reported 10 jobs and $43,100 was used to fund payroll.

Magic tunnel carwash is Existing or more than 2 years old

MAGIC TUNNEL CARWASH

Date Approved

02/07/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MAGIC TUNNEL CARWASH

Borrower Address

205 S Brightleaf Blvd

Borrower City

Smithfield

Borrower State

NC

Borrower Zip

27577-4070

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

43100.00

Current Approval Amount

43100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Smithfield

Project County Name

JOHNSTON

Project State

NC

Project Zip

27577-4070

CD

NC-13

Jobs Reported

10

NAICS Code

811192

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

43095.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43275.94

Forgiveness Date

07/16/2021

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