PPP Loan information for Mac's tire service, inc

$25,400

Mac's tire service, inc was initially approved for PPP Loan of amount $25,400, the current approved amount is $25,400. The loan was approved on 04/30/2020 by The Truist Bank reported 5 jobs and $25,400 was used to fund payroll.

Mac's tire service, inc is Existing or more than 2 years old

MAC'S TIRE SERVICE, INC

Date Approved

04/30/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MAC'S TIRE SERVICE, INC

Borrower Address

115 Old Mayfield Road

Borrower City

Danville

Borrower State

VA

Borrower Zip

24541

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25400.00

Current Approval Amount

25400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Danville

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24541-0015

CD

VA-05

Jobs Reported

5

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25577.80

Forgiveness Date

01/20/2021

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