PPP Loan information for Dependable truck & equipment repair

$59,735

Dependable truck & equipment repair was initially approved for PPP Loan of amount $59,735, the current approved amount is $59,735. The loan was approved on 05/18/2020 by The Truist Bank reported 5 jobs and $59,735 was used to fund payroll.

Dependable truck & equipment repair is Existing or more than 2 years old

DEPENDABLE TRUCK & EQUIPMENT REPAIR

Date Approved

05/18/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

DEPENDABLE TRUCK & EQUIPMENT REPAIR

Borrower Address

1101 Main St E

Borrower City

OAK HILL

Borrower State

WV

Borrower Zip

25901-3129

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59735.00

Current Approval Amount

59735.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK HILL

Project County Name

FAYETTE

Project State

WV

Project Zip

25901-3129

CD

WV-01

Jobs Reported

5

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59735.00

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

Limited Liability Company(LLC)

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

60254.36

Forgiveness Date

04/01/2021

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