PPP Loan information for Newberry ford inc

$154,800

Newberry ford inc was initially approved for PPP Loan of amount $148,100, the current approved amount is $154,800. The loan was approved on 04/14/2020 by The Truist Bank reported 17 jobs and $154,800 was used to fund payroll.

Newberry ford inc is Existing or more than 2 years old

PPP Loan Search / VA / PEARISBURG / Newberry ford inc

NEWBERRY FORD INC

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NEWBERRY FORD INC

Borrower Address

794 NMAIN ST

Borrower City

PEARISBURG

Borrower State

VA

Borrower Zip

24134-2131

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

148100.00

Current Approval Amount

154800.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEARISBURG

Project County Name

GILES

Project State

VA

Project Zip

24134-2131

CD

VA-09

Jobs Reported

17

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

154800.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

156472.70

Forgiveness Date

05/25/2021

;