Capital Auto Associates, Inc.
$1,797,000 PPP Loan in Raleigh, North Carolina
Loan Details
- Loan Number
- 8148447000
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,797,000
- Current Approval
- $1,797,000
- Forgiveness Amount
- $1,822,408
- Forgiveness Date
- Sep 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Capital Auto Associates, Inc.
- Address
- 8005 Capital Blvd
- City
- Raleigh
- State
- North Carolina
- ZIP Code
- 27616-3141
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441120)
- Franchise
- Southeast Toyota Distributors, LLC - Toyota Dealer Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 160
- Estimated Revenue
- $40.3M
- Rural/Urban
- Urban
- Congressional District
- NC-02
Loan Use Breakdown
- Payroll
- $1,437,630
- Mortgage Interest
- $359,370
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
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|---|---|---|
| Spectraforce Technologies, INC | $10,000,000 | |
| Headway Payroll Solutions, LLC | $9,267,856 | |
| Fmi Corporation | $9,154,700 | |
| The Young Men's Christian Association of the Triangle Area I | $9,119,692 | |
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