PPP Loan information for Discount auto parts & service center

$51,600

Discount auto parts & service center was initially approved for PPP Loan of amount $51,600, the current approved amount is $51,600. The loan was approved on 04/14/2020 by The Customers Bank reported 5 jobs and $51,600 was used to fund payroll.

Discount auto parts & service center is Existing or more than 2 years old

DISCOUNT AUTO PARTS & SERVICE CENTER

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

DISCOUNT AUTO PARTS & SERVICE CENTER

Borrower Address

124 New Jail Street

Borrower City

Sneedville

Borrower State

TN

Borrower Zip

37869

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51600.00

Current Approval Amount

51600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sneedville

Project County Name

HANCOCK

Project State

TN

Project Zip

37869-0001

CD

TN-01

Jobs Reported

5

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51600.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51980.28

Forgiveness Date

01/26/2021

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