PPP Loan information for Daniels welding and tires, inc

$40,600

Daniels welding and tires, inc was initially approved for PPP Loan of amount $40,600, the current approved amount is $40,600. The loan was approved on 04/10/2020 by The TowneBank reported 7 jobs and $40,600 was used to fund payroll.

Daniels welding and tires, inc is Existing or more than 2 years old

DANIELS WELDING AND TIRES, INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DANIELS WELDING AND TIRES, INC

Borrower Address

8005 Hankins Industrial Park Road

Borrower City

TOANO

Borrower State

VA

Borrower Zip

23168

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40600.00

Current Approval Amount

40600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOANO

Project County Name

JAMES CITY

Project State

VA

Project Zip

23168-0001

CD

VA-01

Jobs Reported

7

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40600.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40846.98

Forgiveness Date

11/27/2020

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