PPP Loan information for Correct a wreck inc

$24,837

Correct a wreck inc was initially approved for PPP Loan of amount $24,837, the current approved amount is $24,837. The loan was approved on 04/27/2020 by The Farmers & Merchants Bank reported 4 jobs and $24,837 was used to fund payroll.

Correct a wreck inc is Existing or more than 2 years old

PPP Loan Search / NC / KANNAPOLIS / Correct a wreck inc

CORRECT A WRECK INC

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CORRECT A WRECK INC

Borrower Address

1522 N RIDGE AVE

Borrower City

KANNAPOLIS

Borrower State

NC

Borrower Zip

28083-1703

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24837.00

Current Approval Amount

24837.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KANNAPOLIS

Project County Name

ROWAN

Project State

NC

Project Zip

28083-1703

CD

NC-08

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24837.00

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

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25049.49

Forgiveness Date

03/09/2021

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