PPP Loan information for London auto truck center inc

$274,500

London auto truck center inc was initially approved for PPP Loan of amount $274,500, the current approved amount is $274,500. The loan was approved on 04/12/2020 by The Peoples Bank reported 65 jobs and $274,500 was used to fund payroll.

London auto truck center inc is Existing or more than 2 years old

LONDON AUTO TRUCK CENTER INC

Date Approved

04/12/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

LONDON AUTO TRUCK CENTER INC

Borrower Address

51 HIGHWAY 2034

Borrower City

WHITESBURG

Borrower State

KY

Borrower Zip

41858-7686

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

274500.00

Current Approval Amount

274500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITESBURG

Project County Name

LETCHER

Project State

KY

Project Zip

41858-7686

CD

KY-05

Jobs Reported

65

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

219600.00

Mortgage Interest Proceed

0.00

Rent Proceed

54900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

277908.38

Forgiveness Date

07/22/2021

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