PPP Loan information for Markwood automotive inc

$155,200

Markwood automotive inc was initially approved for PPP Loan of amount $155,200, the current approved amount is $155,200. The loan was approved on 01/20/2021 by The First United Bank & Trust reported 18 jobs and $155,200 was used to fund payroll.

Markwood automotive inc is Existing or more than 2 years old

PPP Loan Search / WV / Moorefield / Markwood automotive inc

MARKWOOD AUTOMOTIVE INC

Date Approved

01/20/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

MARKWOOD AUTOMOTIVE INC

Borrower Address

1151 US Highway 220 N

Borrower City

Moorefield

Borrower State

WV

Borrower Zip

26836-8732

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

155200.00

Current Approval Amount

155200.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

30767

Servicing Lender Name

First United Bank & Trust

Servicing Lender Address

19 S 2nd St

Servicing Lender City

OAKLAND

Servicing Lender State

MD

Servicing Lender Zip

21550-1517

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Moorefield

Project County Name

HARDY

Project State

WV

Project Zip

26836-8732

CD

WV-02

Jobs Reported

18

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

155198.00

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

Subchapter S Corporation

Originating Lender Location Id

30767

Originating Lender

First United Bank & Trust

Originating Lender City

OAKLAND

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

156161.38

Forgiveness Date

09/08/2021

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