PPP Loan information for Logan motorcycle sales inc

$307,800

Logan motorcycle sales inc was initially approved for PPP Loan of amount $307,800, the current approved amount is $307,800. The loan was approved on 04/08/2020 by The United Bank reported 31 jobs and $307,800 was used to fund payroll.

Logan motorcycle sales inc is Existing or more than 2 years old

LOGAN MOTORCYCLE SALES INC

Date Approved

04/08/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

LOGAN MOTORCYCLE SALES INC

Borrower Address

1431 JERRY WEST HWY PO Box 867

Borrower City

LOGAN

Borrower State

WV

Borrower Zip

25601-7138

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

307800.00

Current Approval Amount

307800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOGAN

Project County Name

LOGAN

Project State

WV

Project Zip

25601-7138

CD

WV-01

Jobs Reported

31

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

307800.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

309860.55

Forgiveness Date

12/21/2020

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