PPP Loan information for Prolube inc.

$82,458

Prolube inc. was initially approved for PPP Loan of amount $82,458, the current approved amount is $82,458. The loan was approved on 02/16/2021 by The Live Oak Banking Company reported 14 jobs and $82,458 was used to fund payroll.

Prolube inc. is Existing or more than 2 years old

PROLUBE INC.

Date Approved

02/16/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PROLUBE INC.

Borrower Address

7156 River Rd

Borrower City

Wilmington

Borrower State

NC

Borrower Zip

28412-3132

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

82458.00

Current Approval Amount

82458.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28412-3132

CD

NC-07

Jobs Reported

14

NAICS Code

811191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

82456.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

82934.68

Forgiveness Date

09/27/2021

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