PPP Loan information for Capital auto associates, inc.

$1,797,000

Capital auto associates, inc. was initially approved for PPP Loan of amount $1,797,000, the current approved amount is $1,797,000. The loan was approved on 04/08/2020 by The Comerica Bank reported 160 jobs and $1,797,000 was used to fund payroll.

Capital auto associates, inc. is Existing or more than 2 years old

PPP Loan Search / NC / RALEIGH / Capital auto associates, inc.

CAPITAL AUTO ASSOCIATES, INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CAPITAL AUTO ASSOCIATES, INC.

Borrower Address

8005 CAPITAL BLVD

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27616-3141

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1797000.00

Current Approval Amount

1797000.00

Undisbursed Amount

0.00

Franchise Name

Southeast Toyota Distributors, LLC - Toyota Dealer Agreement

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27616-3141

CD

NC-02

Jobs Reported

160

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1437630.00

Mortgage Interest Proceed

359370.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1822407.58

Forgiveness Date

09/09/2021

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