PPP Loan information for Modern chevrolet sales, inc.

$118,169

Modern chevrolet sales, inc. was initially approved for PPP Loan of amount $118,169, the current approved amount is $118,169. The loan was approved on 04/08/2020 by The New Peoples Bank, Inc. reported 20 jobs and $118,169 was used to fund payroll.

Modern chevrolet sales, inc. is Existing or more than 2 years old

PPP Loan Search / VA / HONAKER / Modern chevrolet sales, inc.

MODERN CHEVROLET SALES, INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MODERN CHEVROLET SALES, INC.

Borrower Address

5600 Redbud Hwy

Borrower City

HONAKER

Borrower State

VA

Borrower Zip

24260-9999

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118168.57

Current Approval Amount

118168.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HONAKER

Project County Name

RUSSELL

Project State

VA

Project Zip

24260-9999

CD

VA-09

Jobs Reported

20

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

118168.57

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

119018.73

Forgiveness Date

12/30/2020

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