PPP Loan information for Crotts bros garage, inc

$39,900

Crotts bros garage, inc was initially approved for PPP Loan of amount $39,900, the current approved amount is $39,900. The loan was approved on 04/28/2020 by The Bank of Botetourt reported 6 jobs and $39,900 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

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CROTTS BROS GARAGE, INC

Borrower Address

404 E 8th St.

Borrower City

SALEM

Borrower State

VA

Borrower Zip

24153

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39900.00

Current Approval Amount

39900.00

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

24153-0001

CD

VA-06

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5900.00

Payroll Proceed

34000.00

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

40296.78

Forgiveness Date

04/22/2021

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