PPP Loan information for Milam truck sales inc

$131,700

Milam truck sales inc was initially approved for PPP Loan of amount $131,700, the current approved amount is $131,700. The loan was approved on 04/11/2020 by The American National Bank and Trust Company reported 28 jobs and $131,700 was used to fund payroll.

Milam truck sales inc is Existing or more than 2 years old

MILAM TRUCK SALES INC

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MILAM TRUCK SALES INC

Borrower Address

5190 South Boston Highway

Borrower City

SUTHERLIN

Borrower State

VA

Borrower Zip

24594-2102

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131700.00

Current Approval Amount

131700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUTHERLIN

Project County Name

PITTSYLVANIA

Project State

VA

Project Zip

24594-2102

CD

VA-05

Jobs Reported

28

NAICS Code

441228

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

121300.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1400.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

132892.62

Forgiveness Date

03/15/2021

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