PPP Loan information for Rail side auto inc.

$118,838

Rail side auto inc. was initially approved for PPP Loan of amount $118,838, the current approved amount is $118,838. The loan was approved on 06/23/2020 by The Truist Bank reported 10 jobs and $118,838 was used to fund payroll.

Rail side auto inc. is Existing or more than 2 years old

RAIL SIDE AUTO INC.

Date Approved

06/23/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RAIL SIDE AUTO INC.

Borrower Address

3808 GRIBBLE RD

Borrower City

MATTHEWS

Borrower State

NC

Borrower Zip

28104-8109

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

118838.38

Current Approval Amount

118838.38

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MATTHEWS

Project County Name

UNION

Project State

NC

Project Zip

28104-8109

CD

NC-08

Jobs Reported

10

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

118838.38

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

119716.46

Forgiveness Date

03/25/2021

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