PPP Loan information for B&w motors of spruce pine inc.

$5,000

B&w motors of spruce pine inc. was initially approved for PPP Loan of amount $5,000, the current approved amount is $5,000. The loan was approved on 03/16/2021 by The United Community Bank reported 2 jobs and $5,000 was used to fund payroll.

B&w motors of spruce pine inc. is Existing or more than 2 years old

B&W MOTORS OF SPRUCE PINE INC.

Date Approved

03/16/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

B&W MOTORS OF SPRUCE PINE INC.

Borrower Address

7464 US 19E

Borrower City

Spruce Pine

Borrower State

NC

Borrower Zip

28777-5427

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

5000.00

Current Approval Amount

5000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spruce Pine

Project County Name

MITCHELL

Project State

NC

Project Zip

28777-5427

CD

NC-05

Jobs Reported

2

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

4998.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5026.03

Forgiveness Date

10/04/2021

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