PPP Loan information for Auto mart

$14,275

Auto mart was initially approved for PPP Loan of amount $14,275, the current approved amount is $14,275. The loan was approved on 04/27/2020 by The Uwharrie Bank reported 1 jobs and $14,275 was used to fund payroll.

Auto mart is Existing or more than 2 years old

AUTO MART

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AUTO MART

Borrower Address

1202 S Cannon Blvd

Borrower City

Kannapolis

Borrower State

NC

Borrower Zip

28083-6231

Loan Status Date

11/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14275.00

Current Approval Amount

14275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kannapolis

Project County Name

CABARRUS

Project State

NC

Project Zip

28083-6231

CD

NC-12

Jobs Reported

1

NAICS Code

441310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14275.00

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

Sole Proprietorship

Originating Lender Location Id

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14487.14

Forgiveness Date

10/25/2021

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