PPP Loan information for Doug's automotive inc.

$51,437

Doug's automotive inc. was initially approved for PPP Loan of amount $51,437, the current approved amount is $51,437. The loan was approved on 03/26/2021 by The First Horizon Bank reported 14 jobs and $51,437 was used to fund payroll.

Doug's automotive inc. is Existing or more than 2 years old

PPP Loan Search / NC / Pittsboro / Doug's automotive inc.

DOUG'S AUTOMOTIVE INC.

Date Approved

03/26/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DOUG'S AUTOMOTIVE INC.

Borrower Address

863 Sanford Rd

Borrower City

Pittsboro

Borrower State

NC

Borrower Zip

27312-9423

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

51437.00

Current Approval Amount

51437.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pittsboro

Project County Name

CHATHAM

Project State

NC

Project Zip

27312-9423

CD

NC-09

Jobs Reported

14

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

51432.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51929.94

Forgiveness Date

03/18/2022

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