PPP Loan information for Fairlane automotive llc

$161,300

Fairlane automotive llc was initially approved for PPP Loan of amount $161,300, the current approved amount is $161,300. The loan was approved on 04/07/2020 by The Renasant Bank reported 16 jobs and $161,300 was used to fund payroll.

Fairlane automotive llc is New Business or 2 years or less

PPP Loan Search / NC / LENOIR / Fairlane automotive llc

FAIRLANE AUTOMOTIVE LLC

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FAIRLANE AUTOMOTIVE LLC

Borrower Address

515 WILKESBORO BLVD NE

Borrower City

LENOIR

Borrower State

NC

Borrower Zip

28645-4636

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

161300.00

Current Approval Amount

161300.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LENOIR

Project County Name

CALDWELL

Project State

NC

Project Zip

28645-4636

CD

NC-05

Jobs Reported

16

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

161300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

162335.01

Forgiveness Date

12/09/2020

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