PPP Loan information for Commonwealth lubes, inc.

$1,106,600

Commonwealth lubes, inc. was initially approved for PPP Loan of amount $1,106,600, the current approved amount is $1,106,600. The loan was approved on 04/11/2020 by The Live Oak Banking Company reported 293 jobs and $1,106,600 was used to fund payroll.

Commonwealth lubes, inc. is Existing or more than 2 years old

PPP Loan Search / NC / Raleigh / Commonwealth lubes, inc.

COMMONWEALTH LUBES, INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

COMMONWEALTH LUBES, INC.

Borrower Address

790 Pershing Rd

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27608

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1106600.00

Current Approval Amount

1106600.00

Undisbursed Amount

0.00

Franchise Name

Jiffy Lube

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

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

27608-0400

CD

NC-02

Jobs Reported

293

NAICS Code

811191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1106600.00

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

Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1113755.00

Forgiveness Date

12/09/2020

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