Commonwealth Lubes, Inc.

$1,106,600 PPP Loan in Raleigh, North Carolina

Loan Details

Loan Number
2752287108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,106,600
Current Approval
$1,106,600
Forgiveness Amount
$1,113,755
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Commonwealth Lubes, Inc.
Address
790 Pershing Rd
ZIP Code
27608
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811191)
Franchise
Jiffy Lube
Business Age
Existing or more than 2 years old
Jobs Reported
293
Estimated Revenue
$57.4M
Rural/Urban
Urban
Congressional District
NC-02

Loan Use Breakdown

Payroll
$1,106,600

Lender Information

Servicing Lender
Live Oak Banking Company
Originating Lender
Live Oak Banking Company

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