PPP Loan information for Regional auto center inc

$139,900

Regional auto center inc was initially approved for PPP Loan of amount $139,900, the current approved amount is $139,900. The loan was approved on 03/16/2021 by The First Bank reported 11 jobs and $139,900 was used to fund payroll.

Regional auto center inc is Existing or more than 2 years old

REGIONAL AUTO CENTER INC

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

139900.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27405-7328

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

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

140611.16

Forgiveness Date

09/22/2021

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