A & R TOWING INC (NC) - 2020 PPP Loan Borrower Profile (# 3474638509)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A & R TOWING INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in North Carolina.

Loan Detail

Loan Number

3474638509

SBA Office Code

0460

Processing Method

PPS

Curent Loan Amount

$87,645

Date Loan was Approved

Feb 24, 2021

Amount Forgiven

$88,077.22

Date Loan was Forgiven

Aug 26, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

87,639

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

488410

Borrower Location

Charlotte, NC

Project Location

Charlotte, NC

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.