PPP Loan information for Anchor auto and cycle insurance agency inc.

$292,600

Anchor auto and cycle insurance agency inc. was initially approved for PPP Loan of amount $292,600, the current approved amount is $292,600. The loan was approved on 04/15/2020 by The Southern Bank and Trust Company reported 31 jobs and $292,600 was used to fund payroll.

Anchor auto and cycle insurance agency inc. is Existing or more than 2 years old

ANCHOR AUTO AND CYCLE INSURANCE AGENCY INC.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ANCHOR AUTO AND CYCLE INSURANCE AGENCY INC.

Borrower Address

4052 STE E S MEMORIAL DR

Borrower City

WINTERVILLE

Borrower State

NC

Borrower Zip

28590-8655

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

292600.00

Current Approval Amount

292600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINTERVILLE

Project County Name

PITT

Project State

NC

Project Zip

28590-8655

CD

NC-01

Jobs Reported

31

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

292600.00

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

Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

294420.62

Forgiveness Date

12/04/2020

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