PPP Loan information for Legacy diesel mechanics of virginia

$50,500

Legacy diesel mechanics of virginia was initially approved for PPP Loan of amount $50,500, the current approved amount is $50,500. The loan was approved on 06/15/2020 by The First Bank reported 4 jobs and $50,500 was used to fund payroll.

Legacy diesel mechanics of virginia is New Business or 2 years or less

PPP Loan Search / VA / RIDGEWAY / Legacy diesel mechanics of virginia

LEGACY DIESEL MECHANICS OF VIRGINIA

Date Approved

06/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LEGACY DIESEL MECHANICS OF VIRGINIA

Borrower Address

90 Doyle Road

Borrower City

RIDGEWAY

Borrower State

VA

Borrower Zip

24148-4054

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50500.00

Current Approval Amount

50500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73903

Servicing Lender Name

First Bank

Servicing Lender Address

112 W King St

Servicing Lender City

STRASBURG

Servicing Lender State

VA

Servicing Lender Zip

22657-2220

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

RIDGEWAY

Project County Name

HENRY

Project State

VA

Project Zip

24148-4054

CD

VA-09

Jobs Reported

4

NAICS Code

811111

Race

Black or African American

Ethnicity

Hispanic or Latino

Utilities Proceed

2100.00

Payroll Proceed

40400.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

1000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Trust

Originating Lender Location Id

73903

Originating Lender

First Bank

Originating Lender City

STRASBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

50974.14

Forgiveness Date

05/20/2021

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