PPP Loan information for Damascus motor sales

$18,038

Damascus motor sales was initially approved for PPP Loan of amount $18,038, the current approved amount is $18,038. The loan was approved on 04/27/2020 by The Johnson County Bank reported 2 jobs and $18,038 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

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DAMASCUS MOTOR SALES

Borrower Address

786 N Beaver Dam Avenue

Borrower City

DAMASCUS

Borrower State

VA

Borrower Zip

24236-2125

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18038.27

Current Approval Amount

18038.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68714

Servicing Lender Name

Johnson County Bank

Servicing Lender Address

241 W Main St

Servicing Lender City

MOUNTAIN CITY

Servicing Lender State

TN

Servicing Lender Zip

37683-1309

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

24236-2125

CD

VA-09

Jobs Reported

2

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

16538.27

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

Sole Proprietorship

Originating Lender Location Id

68714

Originating Lender

Johnson County Bank

Originating Lender City

MOUNTAIN CITY

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18140.57

Forgiveness Date

11/25/2020

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