PPP Loan information for Wheels4hope

$72,600

Wheels4hope was initially approved for PPP Loan of amount $72,600, the current approved amount is $72,600. The loan was approved on 03/13/2021 by The Mechanics & Farmers Bank reported 7 jobs and $72,600 was used to fund payroll.

Wheels4hope is Existing or more than 2 years old

PPP Loan Search / NC / Cary / Wheels4hope

WHEELS4HOPE

Date Approved

03/13/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

WHEELS4HOPE

Borrower Address

411 E Durham Rd

Borrower City

Cary

Borrower State

NC

Borrower Zip

27511-6932

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72600.00

Current Approval Amount

72600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50708

Servicing Lender Name

Mechanics & Farmers Bank

Servicing Lender Address

2634 Durham-Chapel Hill Blvd

Servicing Lender City

DURHAM

Servicing Lender State

NC

Servicing Lender Zip

27707-2800

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cary

Project County Name

WAKE

Project State

NC

Project Zip

27511-6932

CD

NC-13

Jobs Reported

7

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

72597.00

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

Non-Profit Organization

Originating Lender Location Id

50708

Originating Lender

Mechanics & Farmers Bank

Originating Lender City

DURHAM

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

73101.24

Forgiveness Date

11/26/2021

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