PPP Loan information for Sale auto mall, inc.

$708,700

Sale auto mall, inc. was initially approved for PPP Loan of amount $708,700, the current approved amount is $708,700. The loan was approved on 04/07/2020 by The First-Citizens Bank & Trust Company reported 71 jobs and $708,700 was used to fund payroll.

Sale auto mall, inc. is New Business or 2 years or less

SALE AUTO MALL, INC.

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SALE AUTO MALL, INC.

Borrower Address

1053 Highway 258 N

Borrower City

KINSTON

Borrower State

NC

Borrower Zip

28504

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

708700.00

Current Approval Amount

708700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

KINSTON

Project County Name

LENOIR

Project State

NC

Project Zip

28504-0001

CD

NC-03

Jobs Reported

71

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

708700.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

715612.25

Forgiveness Date

03/31/2021

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