PPP Loan information for Hometown auto & credit inc

$200,000

Hometown auto & credit inc was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 05/05/2021 by The Truist Bank reported 23 jobs and $200,000 was used to fund payroll.

Hometown auto & credit inc is Existing or more than 2 years old

PPP Loan Search / NC / High Point / Hometown auto & credit inc

HOMETOWN AUTO & CREDIT INC

Date Approved

05/05/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

HOMETOWN AUTO & CREDIT INC

Borrower Address

2915 N Main St

Borrower City

High Point

Borrower State

NC

Borrower Zip

27265-1936

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

High Point

Project County Name

GUILFORD

Project State

NC

Project Zip

27265-1936

CD

NC-06

Jobs Reported

23

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

199996.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

201400.00

Forgiveness Date

01/19/2022

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