PPP Loan information for Auto resource center inc

$176,768

Auto resource center inc was initially approved for PPP Loan of amount $176,768, the current approved amount is $176,768. The loan was approved on 01/27/2021 by The Community Bank, National Association reported 17 jobs and $176,768 was used to fund payroll.

Auto resource center inc is Existing or more than 2 years old

AUTO RESOURCE CENTER INC

Date Approved

01/27/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

AUTO RESOURCE CENTER INC

Borrower Address

60 Midas Dr

Borrower City

South Burlington

Borrower State

VT

Borrower Zip

05403-6301

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

176768.00

Current Approval Amount

176768.00

Undisbursed Amount

0.00

Franchise Name

Midas

Servicing Lender Location Id

47029

Servicing Lender Name

Community Bank, National Association

Servicing Lender Address

45-49 Court St

Servicing Lender City

CANTON

Servicing Lender State

NY

Servicing Lender Zip

13617-1118

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

South Burlington

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05403-6301

CD

VT-

Jobs Reported

17

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

176763.00

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

47029

Originating Lender

Community Bank, National Association

Originating Lender City

CANTON

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

178496.94

Forgiveness Date

01/21/2022

;