PPP Loan information for Boone motor sales inc

$387,800

Boone motor sales inc was initially approved for PPP Loan of amount $387,800, the current approved amount is $387,800. The loan was approved on 04/09/2020 by The Truist Bank reported 28 jobs and $387,800 was used to fund payroll.

Boone motor sales inc is Existing or more than 2 years old

PPP Loan Search / WV / DANVILLE / Boone motor sales inc

BOONE MOTOR SALES INC

Date Approved

04/09/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

BOONE MOTOR SALES INC

Borrower Address

104 Stevens Dr

Borrower City

DANVILLE

Borrower State

WV

Borrower Zip

25053-7138

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

387800.00

Current Approval Amount

387800.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANVILLE

Project County Name

BOONE

Project State

WV

Project Zip

25053-7138

CD

WV-01

Jobs Reported

28

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

387800.00

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

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

393089.16

Forgiveness Date

08/30/2021

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