PPP Loan information for Lack's auto service inc.

$97,300

Lack's auto service inc. was initially approved for PPP Loan of amount $97,300, the current approved amount is $97,300. The loan was approved on 04/27/2020 by The Select Bank reported 15 jobs and $97,300 was used to fund payroll.

Lack's auto service inc. is Existing or more than 2 years old

LACK'S AUTO SERVICE INC.

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LACK'S AUTO SERVICE INC.

Borrower Address

4089 Waterlick Rd.

Borrower City

FOREST

Borrower State

VA

Borrower Zip

24551-1556

Loan Status Date

06/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97300.00

Current Approval Amount

97300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

447640

Servicing Lender Name

Select Bank

Servicing Lender Address

211 Gristmill Dr

Servicing Lender City

FOREST

Servicing Lender State

VA

Servicing Lender Zip

24551-2605

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST

Project County Name

BEDFORD

Project State

VA

Project Zip

24551-1556

CD

VA-05

Jobs Reported

15

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97300.00

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

447640

Originating Lender

Select Bank

Originating Lender City

FOREST

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98374.30

Forgiveness Date

06/15/2021

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