PPP Loan information for Peterson automotive, inc.

$857,792

Peterson automotive, inc. was initially approved for PPP Loan of amount $857,792, the current approved amount is $857,792. The loan was approved on 04/12/2020 by The Lumbee Guaranty Bank reported 89 jobs and $857,792 was used to fund payroll.

Peterson automotive, inc. is Existing or more than 2 years old

PETERSON AUTOMOTIVE, INC.

Date Approved

04/12/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PETERSON AUTOMOTIVE, INC.

Borrower Address

4381 Fayetteville Road

Borrower City

LUMBERTON

Borrower State

NC

Borrower Zip

28358-2619

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

857792.00

Current Approval Amount

857792.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50946

Servicing Lender Name

Lumbee Guaranty Bank

Servicing Lender Address

403 E 3rd St

Servicing Lender City

PEMBROKE

Servicing Lender State

NC

Servicing Lender Zip

28372-8889

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUMBERTON

Project County Name

ROBESON

Project State

NC

Project Zip

28358-2619

CD

NC-07

Jobs Reported

89

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

857792.00

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

Subchapter S Corporation

Originating Lender Location Id

50946

Originating Lender

Lumbee Guaranty Bank

Originating Lender City

PEMBROKE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

869002.05

Forgiveness Date

08/05/2021

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