PPP Loan information for Drive away motors, inc.

$14,000

Drive away motors, inc. was initially approved for PPP Loan of amount $14,000, the current approved amount is $14,000. The loan was approved on 04/28/2020 by The Pioneer Bank reported 4 jobs and $14,000 was used to fund payroll.

Drive away motors, inc. is Existing or more than 2 years old

DRIVE AWAY MOTORS, INC.

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DRIVE AWAY MOTORS, INC.

Borrower Address

8670 SEMINOLE TRL

Borrower City

RUCKERSVILLE

Borrower State

VA

Borrower Zip

22968-3435

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14000.00

Current Approval Amount

14000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73877

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

252 E Main St

Servicing Lender City

STANLEY

Servicing Lender State

VA

Servicing Lender Zip

22851-4039

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUCKERSVILLE

Project County Name

GREENE

Project State

VA

Project Zip

22968-3435

CD

VA-07

Jobs Reported

4

NAICS Code

441120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14000.00

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

Corporation

Originating Lender Location Id

73877

Originating Lender

Pioneer Bank

Originating Lender City

STANLEY

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

9052.25

Forgiveness Date

11/25/2020

;