PPP Loan information for Beamer tire & auto repair, inc.

$297,010

Beamer tire & auto repair, inc. was initially approved for PPP Loan of amount $297,010, the current approved amount is $297,010. The loan was approved on 04/28/2020 by The Transportation Alliance Bank, Inc. d/b/a TAB Bank reported 25 jobs and $297,010 was used to fund payroll.

Beamer tire & auto repair, inc. is Existing or more than 2 years old

BEAMER TIRE & AUTO REPAIR, INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BEAMER TIRE & AUTO REPAIR, INC.

Borrower Address

245 East Parris Avenue

Borrower City

High Point

Borrower State

NC

Borrower Zip

27262-7710

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

297010.00

Current Approval Amount

297010.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123118

Servicing Lender Name

Transportation Alliance Bank, Inc. d/b/a TAB Bank

Servicing Lender Address

4185 Harrison Blvd, Ste 200

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84403-6400

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

High Point

Project County Name

GUILFORD

Project State

NC

Project Zip

27262-7710

CD

NC-06

Jobs Reported

25

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

250010.00

Mortgage Interest Proceed

0.00

Rent Proceed

45000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123118

Originating Lender

Transportation Alliance Bank, Inc. d/b/a TAB Bank

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

299980.10

Forgiveness Date

04/29/2021

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