PPP Loan information for New & better auto design inc

$23,250

New & better auto design inc was initially approved for PPP Loan of amount $23,250, the current approved amount is $23,250. The loan was approved on 03/16/2021 by The Truist Bank reported 3 jobs and $23,250 was used to fund payroll.

New & better auto design inc is Existing or more than 2 years old

NEW & BETTER AUTO DESIGN INC

Date Approved

03/16/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

NEW & BETTER AUTO DESIGN INC

Borrower Address

5627 Baltimore National Pike

Borrower City

Catonsville

Borrower State

MD

Borrower Zip

21228-1412

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23250.00

Current Approval Amount

23250.00

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

Catonsville

Project County Name

BALTIMORE

Project State

MD

Project Zip

21228-1412

CD

MD-07

Jobs Reported

3

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

23248.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23364.31

Forgiveness Date

09/16/2021

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