PPP Loan information for Cbs mobile mechanics inc

$1,816,625

Cbs mobile mechanics inc was initially approved for PPP Loan of amount $1,816,625, the current approved amount is $1,816,625. The loan was approved on 05/20/2020 by The Celtic Bank Corporation reported 95 jobs and $1,816,625 was used to fund payroll.

Cbs mobile mechanics inc is New Business or 2 years or less

CBS MOBILE MECHANICS INC

Date Approved

05/20/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

CBS MOBILE MECHANICS INC

Borrower Address

420 Southwest 12th Avenue

Borrower City

Miami

Borrower State

FL

Borrower Zip

33130-2412

Loan Status Date

11/20/2021

Loan Status

Charged Off

Term

6

SBA Guaranty Percentage

100

Initial Approval Amount

1816625.00

Current Approval Amount

1816625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Miami

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33130-2412

CD

FL-27

Jobs Reported

95

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

227078.12

Payroll Proceed

1362468.76

Mortgage Interest Proceed

0.00

Rent Proceed

227078.12

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;