PPP Loan information for Next generation mechanic

$38,001

Next generation mechanic was initially approved for PPP Loan of amount $38,001, the current approved amount is $38,001. The loan was approved on 04/30/2020 by The Celtic Bank Corporation reported 6 jobs and $38,001 was used to fund payroll.

Next generation mechanic is Existing or more than 2 years old

NEXT GENERATION MECHANIC

Date Approved

04/30/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

NEXT GENERATION MECHANIC

Borrower Address

4004 Pulaski Highway

Borrower City

Abingdon

Borrower State

MD

Borrower Zip

21009

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38001.00

Current Approval Amount

38001.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Abingdon

Project County Name

HARFORD

Project State

MD

Project Zip

21009-0001

CD

MD-01

Jobs Reported

6

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4750.12

Payroll Proceed

28500.76

Mortgage Interest Proceed

0.00

Rent Proceed

4750.12

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

38392.46

Forgiveness Date

05/12/2021

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