PPP Loan information for Network automotive service centers

$512,800

Network automotive service centers was initially approved for PPP Loan of amount $512,800, the current approved amount is $512,800. The loan was approved on 04/07/2020 by The Western State Bank reported 41 jobs and $512,800 was used to fund payroll.

Network automotive service centers is New Business or 2 years or less

NETWORK AUTOMOTIVE SERVICE CENTERS

Date Approved

04/07/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

NETWORK AUTOMOTIVE SERVICE CENTERS

Borrower Address

20871 RITTENHOUSE RD

Borrower City

QUEEN CREEK

Borrower State

AZ

Borrower Zip

85142-4491

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

512800.00

Current Approval Amount

512800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52957

Servicing Lender Name

Western State Bank

Servicing Lender Address

110 4th St SE

Servicing Lender City

DEVILS LAKE

Servicing Lender State

ND

Servicing Lender Zip

58301-3634

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

QUEEN CREEK

Project County Name

MARICOPA

Project State

AZ

Project Zip

85142-4491

CD

AZ-05

Jobs Reported

41

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

512800.00

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

52957

Originating Lender

Western State Bank

Originating Lender City

DEVILS LAKE

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

516902.40

Forgiveness Date

01/28/2021

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