PPP Loan information for 55 auto works llc

$38,316

55 auto works llc was initially approved for PPP Loan of amount $38,316, the current approved amount is $38,316. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $38,316 was used to fund payroll.

55 auto works llc is New Business or 2 years or less

55 AUTO WORKS LLC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

55 AUTO WORKS LLC

Borrower Address

206 PREMIER DR

Borrower City

HOLLY SPRINGS

Borrower State

NC

Borrower Zip

27540-8413

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38316.00

Current Approval Amount

38316.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HOLLY SPRINGS

Project County Name

WAKE

Project State

NC

Project Zip

27540-8413

CD

NC-13

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38316.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38544.85

Forgiveness Date

12/09/2020

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