PPP Loan information for Carmot2, inc

$110,700

Carmot2, inc was initially approved for PPP Loan of amount $110,700, the current approved amount is $110,700. The loan was approved on 04/27/2020 by The Texas First Bank reported 22 jobs and $110,700 was used to fund payroll.

Carmot2, inc is Existing or more than 2 years old

CARMOT2, INC

Date Approved

04/27/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

CARMOT2, INC

Borrower Address

1501 BROADWAY ST

Borrower City

PEARLAND

Borrower State

TX

Borrower Zip

77581-5801

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110700.00

Current Approval Amount

110700.00

Undisbursed Amount

0.00

Franchise Name

iShine Express Car Wash & Detail

Servicing Lender Location Id

71999

Servicing Lender Name

Texas First Bank

Servicing Lender Address

3232 Palmer Hwy

Servicing Lender City

TEXAS CITY

Servicing Lender State

TX

Servicing Lender Zip

77590-6724

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEARLAND

Project County Name

BRAZORIA

Project State

TX

Project Zip

77581-5801

CD

TX-22

Jobs Reported

22

NAICS Code

811192

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

17675.00

Payroll Proceed

83025.00

Mortgage Interest Proceed

10000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

71999

Originating Lender

Texas First Bank

Originating Lender City

TEXAS CITY

Originating Lender State

TX

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

111684.00

Forgiveness Date

03/16/2021

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