PPP Loan information for Magic tunnel carwash

$40,500

Magic tunnel carwash was initially approved for PPP Loan of amount $40,500, the current approved amount is $40,500. The loan was approved on 04/15/2020 by The United Community Bank reported 10 jobs and $40,500 was used to fund payroll.

Magic tunnel carwash is Existing or more than 2 years old

MAGIC TUNNEL CARWASH

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MAGIC TUNNEL CARWASH

Borrower Address

205 SOUTH BRIGHTLEAF BLVD

Borrower City

SMITHFIELD

Borrower State

NC

Borrower Zip

27577

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40500.00

Current Approval Amount

40500.00

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

27577-0001

CD

NC-13

Jobs Reported

10

NAICS Code

811192

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40500.00

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

30669.63

Forgiveness Date

11/12/2020

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