PPP Loan information for South bay lube, inc

$1,314,297

South bay lube, inc was initially approved for PPP Loan of amount $1,287,622, the current approved amount is $1,314,297. The loan was approved on 04/10/2020 by The Bank of America, National Association reported 218 jobs and $1,314,297 was used to fund payroll.

South bay lube, inc is Existing or more than 2 years old

PPP Loan Search / FL / SARASOTA / South bay lube, inc

SOUTH BAY LUBE, INC

Date Approved

04/10/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

SOUTH BAY LUBE, INC

Borrower Address

2040 WHITFIELD PARK AVE

Borrower City

SARASOTA

Borrower State

FL

Borrower Zip

34243-4006

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1287622.00

Current Approval Amount

1314297.00

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

Existing or more than 2 years old

Project City

SARASOTA

Project County Name

MANATEE

Project State

FL

Project Zip

34243-4006

CD

FL-16

Jobs Reported

218

NAICS Code

811198

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1314297.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1327259.93

Forgiveness Date

04/23/2021

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