PPP Loan information for 1 of a kind auto sales

$20,800

1 of a kind auto sales was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 05/13/2021 by The Mechanics & Farmers Bank reported 1 jobs and $20,800 was used to fund payroll.

1 of a kind auto sales is Existing or more than 2 years old

1 OF A KIND AUTO SALES

Date Approved

05/13/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

1 OF A KIND AUTO SALES

Borrower Address

1032 S Scales St

Borrower City

Reidsville

Borrower State

NC

Borrower Zip

27320-5320

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Reidsville

Project County Name

ROCKINGHAM

Project State

NC

Project Zip

27320-5320

CD

NC-06

Jobs Reported

1

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20800.00

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

50708

Originating Lender

Mechanics & Farmers Bank

Originating Lender City

DURHAM

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20876.36

Forgiveness Date

10/06/2021

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