PPP Loan information for M & r carpet outlet, inc.

$40,501

M & r carpet outlet, inc. was initially approved for PPP Loan of amount $40,501, the current approved amount is $40,501. The loan was approved on 04/29/2020 by The New Peoples Bank, Inc. reported 5 jobs and $40,501 was used to fund payroll.

M & r carpet outlet, inc. is Existing or more than 2 years old

PPP Loan Search / VA / MARION / M & r carpet outlet, inc.

M & R CARPET OUTLET, INC.

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

M & R CARPET OUTLET, INC.

Borrower Address

781 LEE HWY

Borrower City

MARION

Borrower State

VA

Borrower Zip

24354-6162

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40500.92

Current Approval Amount

40500.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

SMYTH

Project State

VA

Project Zip

24354-6162

CD

VA-09

Jobs Reported

5

NAICS Code

442210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40500.92

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40980.18

Forgiveness Date

07/07/2021

;