PPP Loan information for Matthews auto center inc

$61,405

Matthews auto center inc was initially approved for PPP Loan of amount $61,405, the current approved amount is $61,405. The loan was approved on 01/27/2021 by The First Bank reported 7 jobs and $61,405 was used to fund payroll.

Matthews auto center inc is Existing or more than 2 years old

MATTHEWS AUTO CENTER INC

Date Approved

01/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MATTHEWS AUTO CENTER INC

Borrower Address

13 W Duck St

Borrower City

Front Royal

Borrower State

VA

Borrower Zip

22630-4610

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61405.00

Current Approval Amount

61405.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73903

Servicing Lender Name

First Bank

Servicing Lender Address

112 W King St

Servicing Lender City

STRASBURG

Servicing Lender State

VA

Servicing Lender Zip

22657-2220

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Front Royal

Project County Name

WARREN

Project State

VA

Project Zip

22630-4610

CD

VA-06

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

61400.00

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

73903

Originating Lender

First Bank

Originating Lender City

STRASBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

61696.67

Forgiveness Date

07/20/2021

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