PPP Loan information for The mechanics tire & auto of albemarle, llc

$41,213

The mechanics tire & auto of albemarle, llc was initially approved for PPP Loan of amount $41,213, the current approved amount is $41,213. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 6 jobs and $41,213 was used to fund payroll.

The mechanics tire & auto of albemarle, llc is New Business or 2 years or less

THE MECHANICS TIRE & AUTO OF ALBEMARLE, LLC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE MECHANICS TIRE & AUTO OF ALBEMARLE, LLC

Borrower Address

315 NC-740

Borrower City

ALBEMARLE

Borrower State

NC

Borrower Zip

28001

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41212.50

Current Approval Amount

41212.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ALBEMARLE

Project County Name

STANLY

Project State

NC

Project Zip

28001-0001

CD

NC-08

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41212.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41468.93

Forgiveness Date

12/09/2020

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