PPP Loan information for Damascus motor sales

$30,211

Damascus motor sales was initially approved for PPP Loan of amount $30,211, the current approved amount is $30,211. The loan was approved on 04/28/2021 by The Truist Bank reported 3 jobs and $30,211 was used to fund payroll.

Damascus motor sales is Existing or more than 2 years old

PPP Loan Search / VA / DAMASCUS / Damascus motor sales

DAMASCUS MOTOR SALES

Date Approved

04/28/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

DAMASCUS MOTOR SALES

Borrower Address

786 NORTH BEAVER DAM AVENUE

Borrower City

DAMASCUS

Borrower State

VA

Borrower Zip

24236

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30210.57

Current Approval Amount

30210.57

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

DAMASCUS

Project County Name

WASHINGTON

Project State

VA

Project Zip

24236

CD

VA-09

Jobs Reported

3

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30210.57

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

Sole Proprietorship

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30304.56

Forgiveness Date

08/24/2021

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