Date Approved
03/16/2021
SBA Office Code
0460
Processing Method
PPS
Borrower Name
REGIONAL AUTO CENTER INC
Borrower Address
1006 N Raleigh St
Borrower City
Greensboro
Borrower State
NC
Borrower Zip
27405-7328
Loan Status Date
10/21/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
139900.00
Current Approval Amount
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
Servicing Lender Zip
28387-6106
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GUILFORD
Project State
Project Zip
CD
NC-06
Jobs Reported
11
NAICS Code
811121
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
139895.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
140611.16
Forgiveness Date
09/22/2021