PPP Loan information for Mckinney romeo motors inc

$490,800

Mckinney romeo motors inc was initially approved for PPP Loan of amount $490,800, the current approved amount is $490,800. The loan was approved on 01/19/2021 by The Mountain Valley Bank, National Association reported 40 jobs and $490,800 was used to fund payroll.

Mckinney romeo motors inc is Existing or more than 2 years old

MCKINNEY ROMEO MOTORS INC

Date Approved

01/19/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

MCKINNEY ROMEO MOTORS INC

Borrower Address

6100 Nancy D Dr

Borrower City

Morgantown

Borrower State

WV

Borrower Zip

26501-1103

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

490800.00

Current Approval Amount

490800.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

75317

Servicing Lender Name

Mountain Valley Bank, National Association

Servicing Lender Address

317 Davis Ave

Servicing Lender City

ELKINS

Servicing Lender State

WV

Servicing Lender Zip

26241-3846

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morgantown

Project County Name

MONONGALIA

Project State

WV

Project Zip

26501-1103

CD

WV-02

Jobs Reported

40

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

490797.00

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

75317

Originating Lender

Mountain Valley Bank, National Association

Originating Lender City

ELKINS

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

494376.79

Forgiveness Date

10/14/2021

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