PPP Loan information for Equity auto center

$275,925

Equity auto center was initially approved for PPP Loan of amount $275,925, the current approved amount is $275,925. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 16 jobs and $275,925 was used to fund payroll.

Equity auto center is New Business or 2 years or less

EQUITY AUTO CENTER

Date Approved

05/01/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

EQUITY AUTO CENTER

Borrower Address

1645 W BELL RD

Borrower City

PHOENIX

Borrower State

AZ

Borrower Zip

85023-3469

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275925.00

Current Approval Amount

275925.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PHOENIX

Project County Name

MARICOPA

Project State

AZ

Project Zip

85023-3469

CD

AZ-01

Jobs Reported

16

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

275925.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

278208.00

Forgiveness Date

03/03/2021

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