PPP Loan information for Crotts bros garage inc

$42,125

Crotts bros garage inc was initially approved for PPP Loan of amount $42,125, the current approved amount is $42,125. The loan was approved on 02/26/2021 by The Bank of Botetourt reported 7 jobs and $42,125 was used to fund payroll.

Crotts bros garage inc is Existing or more than 2 years old

PPP Loan Search / VA / Salem / Crotts bros garage inc

CROTTS BROS GARAGE INC

Date Approved

02/26/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

CROTTS BROS GARAGE INC

Borrower Address

404 E 8th St

Borrower City

Salem

Borrower State

VA

Borrower Zip

24153-6326

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42125.00

Current Approval Amount

42125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73136

Servicing Lender Name

Bank of Botetourt

Servicing Lender Address

19747 Main St

Servicing Lender City

BUCHANAN

Servicing Lender State

VA

Servicing Lender Zip

24066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

SALEM

Project State

VA

Project Zip

24153-6326

CD

VA-06

Jobs Reported

7

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

42122.00

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

73136

Originating Lender

Bank of Botetourt

Originating Lender City

BUCHANAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

42540.40

Forgiveness Date

02/17/2022

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