PPP Loan information for Albemarle tire and retreading co. inc

$54,200

Albemarle tire and retreading co. inc was initially approved for PPP Loan of amount $54,200, the current approved amount is $54,200. The loan was approved on 02/19/2021 by The First-Citizens Bank & Trust Company reported 6 jobs and $54,200 was used to fund payroll.

Albemarle tire and retreading co. inc is Existing or more than 2 years old

PPP Loan Search / NC / Albemarle / Albemarle tire and retreading co. inc

ALBEMARLE TIRE AND RETREADING CO. INC

Date Approved

02/19/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ALBEMARLE TIRE AND RETREADING CO. INC

Borrower Address

542 W Main St

Borrower City

Albemarle

Borrower State

NC

Borrower Zip

28001-4644

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54200.00

Current Approval Amount

54200.00

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

Existing or more than 2 years old

Project City

Albemarle

Project County Name

STANLY

Project State

NC

Project Zip

28001-4644

CD

NC-08

Jobs Reported

6

NAICS Code

423130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

54198.00

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

54517.78

Forgiveness Date

09/27/2021

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