PPP Loan information for Mid atlantic motorwerkes

$88,760

Mid atlantic motorwerkes was initially approved for PPP Loan of amount $88,760, the current approved amount is $88,760. The loan was approved on 03/24/2021 by The Farmers & Merchants Bank reported 6 jobs and $88,760 was used to fund payroll.

Mid atlantic motorwerkes is Existing or more than 2 years old

PPP Loan Search / VA / Harrisonburg / Mid atlantic motorwerkes

MID ATLANTIC MOTORWERKES

Date Approved

03/24/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MID ATLANTIC MOTORWERKES

Borrower Address

745 E Market St

Borrower City

Harrisonburg

Borrower State

VA

Borrower Zip

22801-4234

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88760.00

Current Approval Amount

88760.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Harrisonburg

Project County Name

HARRISONBURG CITY

Project State

VA

Project Zip

22801-4234

CD

VA-06

Jobs Reported

6

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

88756.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89657.46

Forgiveness Date

03/24/2022

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