PPP Loan information for One hour modernizing inc

$96,078

One hour modernizing inc was initially approved for PPP Loan of amount $96,078, the current approved amount is $96,078. The loan was approved on 02/13/2021 by The First National Bank reported 23 jobs and $96,078 was used to fund payroll.

One hour modernizing inc is Existing or more than 2 years old

PPP Loan Search / VA / Danville / One hour modernizing inc

ONE HOUR MODERNIZING INC

Date Approved

02/13/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ONE HOUR MODERNIZING INC

Borrower Address

2225 Riverside Dr

Borrower City

Danville

Borrower State

VA

Borrower Zip

24540-4213

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

96077.50

Current Approval Amount

96077.50

Undisbursed Amount

0.00

Franchise Name

Martinizing Dry Cleaning

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Danville

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24540-4213

CD

VA-05

Jobs Reported

23

NAICS Code

812320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

96075.50

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

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

96675.32

Forgiveness Date

10/08/2021

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