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
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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