PPP Loan information for Classic auto and machine inc

$84,098

Classic auto and machine inc was initially approved for PPP Loan of amount $84,098, the current approved amount is $84,098. The loan was approved on 01/29/2021 by The The National Bank of Blacksburg reported 6 jobs and $84,098 was used to fund payroll.

Classic auto and machine inc is Existing or more than 2 years old

CLASSIC AUTO AND MACHINE INC

Date Approved

01/29/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

CLASSIC AUTO AND MACHINE INC

Borrower Address

132 S College Ave

Borrower City

Bluefield

Borrower State

VA

Borrower Zip

24605-1705

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

84098.27

Current Approval Amount

84098.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73099

Servicing Lender Name

The National Bank of Blacksburg

Servicing Lender Address

100 S Main St

Servicing Lender City

BLACKSBURG

Servicing Lender State

VA

Servicing Lender Zip

24060-4859

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bluefield

Project County Name

TAZEWELL

Project State

VA

Project Zip

24605-1705

CD

VA-09

Jobs Reported

6

NAICS Code

423110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

84094.27

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

73099

Originating Lender

The National Bank of Blacksburg

Originating Lender City

BLACKSBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

84565.99

Forgiveness Date

08/24/2021

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