PPP Loan information for Apple ford of lynchburg inc

$516,900

Apple ford of lynchburg inc was initially approved for PPP Loan of amount $516,900, the current approved amount is $516,900. The loan was approved on 04/10/2020 by The Truist Bank reported 51 jobs and $516,900 was used to fund payroll.

Apple ford of lynchburg inc is Existing or more than 2 years old

APPLE FORD OF LYNCHBURG INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

APPLE FORD OF LYNCHBURG INC

Borrower Address

2113 LAKESIDE DR

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24501-6803

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

516900.00

Current Approval Amount

516900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-6803

CD

VA-05

Jobs Reported

51

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

516900.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

521824.91

Forgiveness Date

04/02/2021

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