PPP Loan information for Redmon's automotive, llc

$72,400

Redmon's automotive, llc was initially approved for PPP Loan of amount $72,400, the current approved amount is $72,400. The loan was approved on 04/12/2020 by The First Bank reported 7 jobs and $72,400 was used to fund payroll.

Redmon's automotive, llc is Existing or more than 2 years old

REDMON'S AUTOMOTIVE, LLC

Date Approved

04/12/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

REDMON'S AUTOMOTIVE, LLC

Borrower Address

2368 US 70 Hwy

Borrower City

SWANNANOA

Borrower State

NC

Borrower Zip

28778

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72400.00

Current Approval Amount

72400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SWANNANOA

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28778-0001

CD

NC-11

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72400.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73023.44

Forgiveness Date

02/25/2021

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