PPP Loan information for Laurel valley motors inc

$378,200

Laurel valley motors inc was initially approved for PPP Loan of amount $378,200, the current approved amount is $378,200. The loan was approved on 04/06/2020 by The First National Bank of Pennsylvania reported 31 jobs and $378,200 was used to fund payroll.

Laurel valley motors inc is Existing or more than 2 years old

LAUREL VALLEY MOTORS INC

Date Approved

04/06/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

LAUREL VALLEY MOTORS INC

Borrower Address

3656 STATE ROUTE 30

Borrower City

LATROBE

Borrower State

PA

Borrower Zip

15650-5208

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

378200.00

Current Approval Amount

378200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LATROBE

Project County Name

WESTMORELAND

Project State

PA

Project Zip

15650-5208

CD

PA-14

Jobs Reported

31

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

283650.00

Mortgage Interest Proceed

0.00

Rent Proceed

94550.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

382507.28

Forgiveness Date

06/11/2021

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