PPP Loan information for Regional auto center inc.

$517,600

Regional auto center inc. was initially approved for PPP Loan of amount $517,600, the current approved amount is $517,600. The loan was approved on 04/10/2020 by The First Bank reported 44 jobs and $517,600 was used to fund payroll.

Regional auto center inc. is Existing or more than 2 years old

REGIONAL AUTO CENTER INC.

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

REGIONAL AUTO CENTER INC.

Borrower Address

2448 BATTLEGROUND AVE

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27408-4002

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

517600.00

Current Approval Amount

517600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27408-4002

CD

NC-06

Jobs Reported

44

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

517600.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

523006.04

Forgiveness Date

05/03/2021

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