PPP Loan information for Coats garage, inc.

$479,200

Coats garage, inc. was initially approved for PPP Loan of amount $479,200, the current approved amount is $479,200. The loan was approved on 04/15/2020 by The United Community Bank reported 40 jobs and $479,200 was used to fund payroll.

Coats garage, inc. is Existing or more than 2 years old

PPP Loan Search / NC / RALEIGH / Coats garage, inc.

COATS GARAGE, INC.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

COATS GARAGE, INC.

Borrower Address

1300 S Saunders Street

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27603

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

479200.00

Current Approval Amount

479200.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27603-0001

CD

NC-13

Jobs Reported

40

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

479200.00

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

Subchapter S Corporation

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

481760.11

Forgiveness Date

11/03/2020

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