PPP Loan information for Rt. 5 auto sales, llc

$192,272

Rt. 5 auto sales, llc was initially approved for PPP Loan of amount $192,272, the current approved amount is $192,272. The loan was approved on 02/23/2021 by The Bank of America, National Association reported 25 jobs and $192,272 was used to fund payroll.

Rt. 5 auto sales, llc is Existing or more than 2 years old

PPP Loan Search / MD / Mechanicsville / Rt. 5 auto sales, llc

RT. 5 AUTO SALES, LLC

Date Approved

02/23/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

RT. 5 AUTO SALES, LLC

Borrower Address

28977 Three Notch Rd

Borrower City

Mechanicsville

Borrower State

MD

Borrower Zip

20659-3229

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

192272.00

Current Approval Amount

192272.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mechanicsville

Project County Name

SAINT MARYS

Project State

MD

Project Zip

20659-3229

CD

MD-05

Jobs Reported

25

NAICS Code

423110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

192268.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

193905.00

Forgiveness Date

01/03/2022

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