PPP Loan information for Young's auto center & salvage

$265,400

Young's auto center & salvage was initially approved for PPP Loan of amount $265,400, the current approved amount is $265,400. The loan was approved on 01/22/2021 by The United Community Bank reported 48 jobs and $265,400 was used to fund payroll.

Young's auto center & salvage is Existing or more than 2 years old

PPP Loan Search / NC / Benson / Young's auto center & salvage

YOUNG'S AUTO CENTER & SALVAGE

Date Approved

01/22/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

YOUNG'S AUTO CENTER & SALVAGE

Borrower Address

2500 NC 242 South

Borrower City

Benson

Borrower State

NC

Borrower Zip

27504

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

265400.00

Current Approval Amount

265400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Benson

Project County Name

JOHNSTON

Project State

NC

Project Zip

27504

CD

NC-07

Jobs Reported

48

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

265395.00

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

Partnership

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

266337.99

Forgiveness Date

06/15/2021

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