PPP Loan information for Wheel recovery systems llc

$181,577

Wheel recovery systems llc was initially approved for PPP Loan of amount $181,577, the current approved amount is $181,577. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 23 jobs and $181,577 was used to fund payroll.

Wheel recovery systems llc is New Business or 2 years or less

WHEEL RECOVERY SYSTEMS LLC

Date Approved

05/01/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WHEEL RECOVERY SYSTEMS LLC

Borrower Address

1805 Jackson Rd

Borrower City

Knoxville

Borrower State

TN

Borrower Zip

37921

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181577.00

Current Approval Amount

181577.00

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

Knoxville

Project County Name

KNOX

Project State

TN

Project Zip

37921-0002

CD

TN-02

Jobs Reported

23

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

181577.00

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

172634.67

Forgiveness Date

12/16/2020

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