PPP Loan information for Cates auto service, inc.

$259,700

Cates auto service, inc. was initially approved for PPP Loan of amount $259,700, the current approved amount is $259,700. The loan was approved on 04/03/2020 by The First Bank Richmond reported 22 jobs and $259,700 was used to fund payroll.

Cates auto service, inc. is Existing or more than 2 years old

CATES AUTO SERVICE, INC.

Date Approved

04/03/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

CATES AUTO SERVICE, INC.

Borrower Address

1215 South Q ST

Borrower City

RICHMOND

Borrower State

IN

Borrower Zip

47374-7247

Loan Status Date

12/22/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

259700.00

Current Approval Amount

259700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79589

Servicing Lender Name

First Bank Richmond

Servicing Lender Address

20 N 9th St

Servicing Lender City

RICHMOND

Servicing Lender State

IN

Servicing Lender Zip

47374-3170

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

WAYNE

Project State

IN

Project Zip

47374-7247

CD

IN-06

Jobs Reported

22

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

259700.00

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

79589

Originating Lender

First Bank Richmond

Originating Lender City

RICHMOND

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

261265.32

Forgiveness Date

11/17/2020

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