PPP Loan information for Carolina transmissions, inc

$49,800

Carolina transmissions, inc was initially approved for PPP Loan of amount $49,800, the current approved amount is $49,800. The loan was approved on 04/16/2020 by The United Community Bank reported 7 jobs and $49,800 was used to fund payroll.

Carolina transmissions, inc is Existing or more than 2 years old

CAROLINA TRANSMISSIONS, INC

Date Approved

04/16/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CAROLINA TRANSMISSIONS, INC

Borrower Address

36 LAKE EMORY RD

Borrower City

FRANKLIN

Borrower State

NC

Borrower Zip

28743

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49800.00

Current Approval Amount

49800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

MADISON

Project State

NC

Project Zip

28743-0001

CD

NC-11

Jobs Reported

7

NAICS Code

811113

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49800.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50072.88

Forgiveness Date

11/12/2020

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