PPP Loan information for Marlow motor co

$449,000

Marlow motor co was initially approved for PPP Loan of amount $499,000, the current approved amount is $449,000. The loan was approved on 04/10/2020 by The Truist Bank reported 42 jobs and $449,000 was used to fund payroll.

Marlow motor co is New Business or 2 years or less

PPP Loan Search / VA / FRONT ROYAL / Marlow motor co

MARLOW MOTOR CO

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MARLOW MOTOR CO

Borrower Address

707 N Commerce Ave

Borrower City

FRONT ROYAL

Borrower State

VA

Borrower Zip

22630-3419

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

499000.00

Current Approval Amount

449000.00

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

FRONT ROYAL

Project County Name

WARREN

Project State

VA

Project Zip

22630-3419

CD

VA-06

Jobs Reported

42

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

449000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

452928.75

Forgiveness Date

03/02/2021

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