PPP Loan information for Welborne automotive, llc

$322,500

Welborne automotive, llc was initially approved for PPP Loan of amount $322,500, the current approved amount is $322,500. The loan was approved on 04/08/2020 by The Bank of Oak Ridge reported 26 jobs and $322,500 was used to fund payroll.

Welborne automotive, llc is Unanswered

PPP Loan Search / NC / HIGH POINT / Welborne automotive, llc

WELBORNE AUTOMOTIVE, LLC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WELBORNE AUTOMOTIVE, LLC

Borrower Address

2411 N Main St.

Borrower City

HIGH POINT

Borrower State

NC

Borrower Zip

27262-7832

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

322500.00

Current Approval Amount

322500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124488

Servicing Lender Name

Bank of Oak Ridge

Servicing Lender Address

2211 Oak Ridge Rd

Servicing Lender City

OAK RIDGE

Servicing Lender State

NC

Servicing Lender Zip

27310-9619

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

HIGH POINT

Project County Name

GUILFORD

Project State

NC

Project Zip

27262-7832

CD

NC-06

Jobs Reported

26

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

322500.00

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

124488

Originating Lender

Bank of Oak Ridge

Originating Lender City

OAK RIDGE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

324372.29

Forgiveness Date

11/12/2020

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