PPP Loan information for Mike reichenbach automotive

$114,497

Mike reichenbach automotive was initially approved for PPP Loan of amount $114,497, the current approved amount is $114,497. The loan was approved on 04/01/2021 by The Dedicated Community Bank reported 7 jobs and $114,497 was used to fund payroll.

Mike reichenbach automotive is Existing or more than 2 years old

MIKE REICHENBACH AUTOMOTIVE

Date Approved

04/01/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

MIKE REICHENBACH AUTOMOTIVE

Borrower Address

611 N Coit St

Borrower City

Florence

Borrower State

SC

Borrower Zip

29501-2821

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

114497.00

Current Approval Amount

114497.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen Dealer Agreement

Servicing Lender Location Id

110351

Servicing Lender Name

Dedicated Community Bank

Servicing Lender Address

202 Cashua St

Servicing Lender City

DARLINGTON

Servicing Lender State

SC

Servicing Lender Zip

29532-3302

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Florence

Project County Name

FLORENCE

Project State

SC

Project Zip

29501-2821

CD

SC-07

Jobs Reported

7

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

114495.00

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

110351

Originating Lender

Dedicated Community Bank

Originating Lender City

DARLINGTON

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114872.30

Forgiveness Date

07/30/2021

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